Our young niece wanted to make some money over the summer to be able to get a computer and have money for gifts for the holidays. She told us to not pay her until all the work was done, and to only give her enough to get her computer. She told us to hold onto the rest until the sales started for the holidays. She already worked a paper route for her daily expenses and to save some money. This was additional. I found a way to create paycheck stub printouts online, and I recorded every weekly paycheck for her. I gave her the paystubs to show her how much she was earning.
She wanted us to keep the money because she knew she might spend it. She told us she was getting better at saving. She started keeping some cash in a small safe we gave her for her room at home. She said that was a big deal as she would have just spent it not long ago. She had not touched her cash savings for three months. Continue reading