The Rocking Horse recommended this clever little savings trick for kids this November. Moon Jar Money Boxes have three colourful, seperate compartments - one for saving, one for spending, one for charity.Apparently these things are selling like hot cakes. Launched in 2001 by Seattle native Eulalie M. Scandiuzzi, thousands of homes and even schools across North America are outfitted with Moon Jars.
I get the concept, I absolutely do. In fact, I could use my own Moon Jar to help me save money. The concept is based on an old story about John D. Rockefeller who kept three seperate jars for his children's allowances. One for saving, one for spending, one for charity. I think it's important and vital, particularly in times like these, for kids to develop a strong sense of how to spend wisely. And how to be financially ethical - it's great.
But at approximately $29.95 a pop...I think I'd rather just wash out three jars and label them myself. Love the concept, not a fan of the price tag.
