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.
Hi,
ReplyDeleteI just want to be sure you know there is a paper version of the MOONJAR as well - much less expensive and a perfect tool!
This will last for years with my kids, and thinking of the life lessons it helps teach... priceless.
ReplyDeleteCan't you teach these same life lessons with some much cheaper dollar store jars? More fun for the kids to decorate themselves even...
ReplyDeleteDoesn't the price tag defeat the entire purpose?
I vote for cheap, RECYCLED jars...
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