Stewardship Street

I was asked if we paid our kids for chores and the answer is....no and yes. Our kids have daily chores that are teaching them responsibility because they are apart of the family. These chores and not paid for. Examples are making bed, brushing teeth, cleaning up toys, vacuuming, setting/clearing off table, sweeping, folding laundry and putting away.....These are things that need to be done because you live in this house and we work together as a family unit.

Then we come to our Stewardship Street, which is from Doorposts, that is teaching our kids financial responsibility. We have finally completed it and are ready to get started!!
We have set aside some chores like cleaning/vacuuming the van, yard work, cleaning windows etc....that are 'chores' done to earn money. With the money earned, we have a chart that divides the kids earnings into percentages.
On Stewardship Street, we have a church, a missions house, a toy store, a bank, our home, and a store(for gifts). There are 2 rows ...one for our 7 year old and one for our 5 yr old. When they earn their money we divide up the earnings between all of these buildings on Stewardship Street.

We teach that it is important to give the first part of your earnings back to God....tithe.
Then it is important to give to missions....We have a specific family we will be supporting.
Our toy store is for buying whatever the kids desire.
The bank is for savings that will not be touched until they are much older.
Our home is where they will buy some living expenses...ex. if they need new crayons, pencils, doodling paper.
Then lastly we have a store to save up for birthday gifts, Christmas gifts,...gifts in general that they want to get for others.

I just love this idea and look forward to the kids getting a good grasp on the importance of being responsible with their money!