Friday, February 26, 2010

Banking

One of the many great things that Elizabeth does through school is banking.  The school system has a partnership with a local bank which allows students to make weekly deposits into their account while at school.  A wonderful PTA volunteer brings the deposits from the school to the bank, which credits each child's account and provides a receipt and an envelope for the next transaction.  After five deposits (of any amount), they get a small prize - and at this age, any small token is a huge incentive.  We opened an account for Elizabeth in January and she immediately deposited her Christmas money.  Each week, she takes some money from her piggy bank to deposit - Lee and I are doing are best not to fund her banking because we want her to become responsible for her money, and this is such a great way to start.  For Valentine's Day, she received a few dollars from some of our extended family members and she was so excited to deposit them the following week!
Elizabeth was going to hold off until Valentine's Day to open her card from Grammy and Grampy until she noticed the money in Emily's card....
Now she has a stash, ready to go for her next banking day.

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