Posts Tagged ‘PFCU kids’

Sammy Rabbit Blog: Do You Have the Right Rhythm?

Hello to All My Friends!

It is time to head back to school and I have a question for you – do you have rhythm? According to the dictionary, the word rhythm can mean a typical pattern of movement or an activity in which some action repeats regularly. Now compare that definition to one of my favorite words, habit! The dictionary defines a habit as a pattern of behaving that has become fixed by repeating it often. The definitions are very similar, aren’t they? Basically, a rhythm and a habit are ways of behaving we repeat again, again, and again.  

When it comes to the 3 BIG “S’s,” school, saving and spending, we all have rhythms and habits. Do you know what your rhythms and habits are when it comes to school, saving money and spending money? For example, what is your daily rhythm or habit – do you play or do your homework first? If you are not sure what your rhythm or habits are when it comes to school, saving and spending, you will want to find out. Why? Because, being aware of and picking the right rhythms and habits helps a person achieve their dreams and goals.

Here are two tips to help you with school, saving and spending rhythms and habits:

  1. Keep a journal of how you choose to use your time and money
  2. Review your journal with your mom, dad, teacher and a manager where you save your money. Ask them if you are practicing the right rhythms and habits to achieve your dreams and goals.

 

I know you can do it. Now, go get to it!

Your friend,

   

Learn more about Sammy and his mission to help kids get in the habit of saving money and make dreams come true at www.itsahabit.com

© 2011 The It’s a Habit Company, Inc.

Spending Smart at 6 and 60 – Sammy’s Gold Karat Tip #1

Hello to All My Friends!

The next few months I am going to share some tips with you on how to “spend smart.” I like spending money almost as much as I like saving money to build my future. I like spending money almost as much as I like saving money so I am prepared for emergencies and to make dreams come true. How about you?

Sammy’s Gold Karat Spend Smart Tip #1: when you choose to spend, never, ever, spend more than you have. Do not do it when you are six or sixty!

One good way to not spend more than you have is to break down each dollar you earn or receive and separate it into categories.

Here is an example:

Sample Spending Plan

Saving                   10 cents

Giving                   10 cents

Investing                10 cents

Smart Spending   70 cents

Total                     $1.00

Notice, my plan is to never, ever spend more than seventy cents of every dollar I earn or receive. Why? It is simple. As much as I like to spend, building my future and giving are more important to me than spending everything I have. I think spending seven dimes or less out of every ten dimes I earn or receive is smart. What do you think?  What do your parents think?

Always spend less than you have! I know you can do it. Now, go get to it!

Your friend,

Learn more about Sammy and his mission to help kids get in the habit of saving money and make dreams come true at www.itsahabit.com

© 2011 The It’s a Habit Company, Inc.