Vacation Strategy – Give them a budget

We recently took our young boys on our first ever 10-day vacation. First, let me say, I prescribe this to any and every family. In the computer age, we’re never far from work, and especially in the self-employed, just launched a website and blog, state, I’m constantly connected. Anyhow, I digress. Armed with spreadsheets, kid-friendly tourist guides, and my husband’s invaluable GPS, we had an incredible time. I wanted to share a vacation strategy to help fellow moms. We gave each kid a budget before we left. The amount is discretionary, of course, but we presented it with a fun poem about the wonderful adventures they were about to experience, and told them we’d keep track of their $40 budget, and that they were in complete control. It is a great way to teach money management to young ones, and to avoid being the heavy at every request. You could see them weighing options, wondering about what the next souvenir shop might hold, and wondering if something was worth it or not. Choices, choices!

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3 Comments to Vacation Strategy – Give them a budget

  1. by Lori Long

    On January 14, 2008 at 4:45 pm

    I completely agree! We used this method on our Disney trip and it definitely helped. Unfortunately, we didn’t think of it until about halfway through the vacation. The kids were driving us crazy wanting to go look in all of the gift shops. It was almost as if they wanted to go souvenier shopping more than go on rides!!!! Finally, in the middle of our fourth parade of the day, it hit me like a ton of bricks…..a budget!!! YES! We’ll give them each so much money to spend on whatever they wanted AT THE END OF THE DAY!!! Whew! What a huge difference. They went into the parks and had a blast, all the while knowing that before it was time to head back to the hotel they could go shopping! BRILLIANT!!!

  2. Thanks for the straight answers and expect you will continue to contribute to online marketing community with such-as insightful posts.

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