When Husby and I got married, I had a good little "nest egg" (I hate that term, I really do) thanks to my grandparents and parents and the savings account they started for me when I was a wee one. As a child, it wasn't that fun to hear "we put $50 in your savings account" from anyone because I would rather have had plastic high heels and little tiaras to prance around in. But when I stepped into the "real world" with my Husby on my arm and no jobs for either of us, we didn't have to just "live on love". We had my savings.
It saved our tails.
A few months ago, I decided it was time to start a little savings account for Levi. And by account, I mean in a hidden place in our house.
Since Husby is in Medical School, and I am a SAHMom, money isn't exactly pouring from our ears or falling off of our trees. There are few little things I do for extra income (this blog and these great Ads being one of them), so we knew we were going to have to start off little. But in our minds, little is better than nothing.
I came up with the idea that ANY TIME Husby or I have a $5 bill, it has to go to Levi. No cheating. If you break a $10 and they give you a $5 back, it goes to Levi's stash. The other day at Sonic, I broke a $20 and wouldn't you know they gave me THREE $5's back. I just had to laugh.
The rule is, if you get money back in $5's, you just have to forego whatever else you were going to buy. If I was going to run and buy a few of my favorite magazines with the rest of my $20 after Sonic, then I couldn't. All $5's go to Weebie!
I am surprised by all that we already have saved for him just in a few months, considering we don't always have cash on us! On Christmas, Levi received a real (from a bank) savings account from Glam*Ma and Grandpa with a nice little "nest egg" (there I go again) already started. I was so excited because now I have a place to throw my $5's rather than in random nooks and crannies of the house!
I'm excited to see what we can do for Levi in the next year and a half, before Husby graduates and gains an income. I want to continue the $5 rule for as long as possible, even if we throw more in there when we can. It's like a little challenge for me. I actually get excited to get $5 bills now. Weird, maybe. But I know I'm investing in MY wee one's future, just as my family did for me. And that makes me so happy.
Do any of you have any fun rules like this in your household?