Mission Accomplished…Saving Money with a Chart

Look who accomplished her mission of saving for a stuffed animal!

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Last time we left off my six year old was busy working odd jobs like folding towels around the house in order to save enough money to purchase a Build-a-Bear stuffed animal. She was keeping track of her savings using the chart I made for her.

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Caroline had saved about $23.00 when I received an email from Build-a-Bear announcing a 40% off sale on the stuffed animals. This meant that the stuffed animal Caroline wanted that originally cost $28 would now be on sale for $16.80! This would be a big savings for her.

When we started this money saving process I told Caroline that if she bought the stuffed animal I would buy an outfit for the animal. Any other accessories she wanted to buy would be her responsibility. Once we knew about the sale I told Caroline to kick her saving into overdrive because we needed to get to the store in a few days in order to use the 40% coupon. The sale would give her an opportunity to buy the animal and an accessory.

The day of the big purchase came. Caroline laid out all of her money and counted it. We made piles 100 (when counting the coins we counted to 100 and she knew that meant she had one dollar).

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Just a quick note about how I taught my daughter to count nickels and dimes. We worked on knowing that 2 nickels has the same value of 1 dime. So when we lined up the coins we lined them up into ten cent amounts. Looking at the coins in vertical groups you see 10 cents, 10 cents, 10 cents, and 5 cents. By having her line up the 2 nickels on top of each other she knew they were the same value as the dime. Putting her fingers on these coins she would count: 10, 20, 30, 35.

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After all the money was counted, Caroline had saved $27.93. Not quite the $30 goal but I knew with only 1 day left in the 40% off sale we needed to go to the store now.

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Caroline walked right to the stuffed animal she wanted – Risa the Rock Star Rabbit. With each rock girl you  get to choose a star that goes inside of her. Caroline chose the word, “fearless.”

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I turned down every opportunity the Build-a-Bear workers tried to extort get more money from Caroline. Don’t you want a talking heart inside for $5? Don’t you want a bubblegum smelly in your animal for $4? No we don’t. It’s not in the budget.

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After getting her bear stuffed , choosing an outfit and pair of shoes for the newly named “Blueberry,” we made our way to the check out. Caroline gave the animal and pair of shoes to the clerk who totaled up everything. In what I can only call fate or a small miracle from the money gods the total came out to $27.93! The exact amount Caroline had.

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I had Caroline count out her money and give it to the clerk. Yes, I am that mom who will make everyone else behind me wait. It was a big moment for her and I wanted her to be able to see it through to the end. After all, since we had exchanged all of the 100’s into dollar bills at home she only had to count out $27 in bills and the 93 cents in coins.

Here’s the end result!

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Caroline really loves “Blueberry” and is proud of the fact that she worked hard to get her. I am sure she’s going to request another money saving chart at some point and that will be fine. What I am most excited about it when she gets to the money counting lesson at school and she kicks some serious coin counting butt.

Well, that and when she starts folding my towels again.

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4 Responses to Mission Accomplished…Saving Money with a Chart

  1. Mindy says:

    This is beyond awesome.

  2. Kelly says:

    Yeah Caroline!! Pretty cool that she saved and accomplished this

  3. Patricia Becker says:

    Caroline is a rockstar for sticking this through to the end. My children learned math skills by paying for gas with quarters but they were in high school at the time.

  4. Jess says:

    Great job, Caroline!! You worked so hard and your efforts paid off! Love the smile on her face.

    (I’m a little behind on my blog reading, but saw the 1st post and had to skip to this one immediately!)