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After a VERY long summer, it’s hopefully time for kids to head back. We know the last few months must have been a challenge for everyone – here’s to all our Rooster gang getting back to see their friends as soon as possible.  

If you’re looking to do ‘Back to School’ on a budget, here are some tips we’ve put together that will get your kids engaged in some money saving challenges and hopefully help with your wallet too!

Stationery hunt 📒 👀

If you’ve ever moved house you know it’s the time you discover drawers full of biros, pencils and sharpies. Cue competition – how many can your kids gather? The biggest stationery sleuth gets first call on them….parents are allowed to join in too! 

An Old Skool Budget📝

If that uniform isn’t going to cut it and the shoes are too much of a squeeze, put your kids in charge of finding their replacements. It’s a prime opportunity to arm your kids with a budget to find the best kit for your buck, searching out the shops with the best bargains. And a chance to deploy our Primers on needs vs wants and the importance of budgeting!

So Autumn 2020

When last year’s backpack is well…so last season, but you’re not feeling it should be on your tab, it’s time to pull out the Rooster Goals for some last minute earning lessons. Whether you’ve got some jobs that need doing at home, looking after the pets of neighbors, a spot of gardening, or even selling crafts – this is the time to bring out their inner entrepreneur. Consider matching the amount your kids save to make the goal more attainable. 

Remember that you can set “Extra Earners” in the chores section of the app to get your kids on track. It’s a win for your wallet and a win for them! 

Top 3 chores during lockdown - Roostermoney

Bargain hunting!💰

A further build on the budgeting task above is to put your kids in charge to hunt out a bargain. Try your local discount store or online shops such as Target and Walmart. All are excellent places to get bargains on stationery, lunch boxes, backpacks, and more! And you could even agree to split the difference if they come in under budget and use it for that pair of sneakers they really want.

Shopping on the school run 🏫🏃‍♂️

Kids love to stop at the shop on the way to or from school. If you already have an allowance system and your kids want something from the shop- make sure your kids pay with their money so they see the value in it. 

And if they don’t have an allowance routine, this is a great reason to start one! Not only will your kids learn about the value of money (and maybe even spend less), but we often hear that parents end up saving money too.

We hope this helps! If you have any other ideas you’d like us to cover contact us at hello@roostermoney.com 🤗

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