[creditcardfree]

I think its great that they aren't big spenders. It sounds like they are savers, but unmotivated savers. They don't know the results of saving...interest. That is why the bank accounts are such a great idea. Maybe you could at least reinforce the idea of tracking the interest earned on a chart. It might be boring the first month or two, but they will catch on.

Then, of course, they need a goal for savings. Right now they don't appear to be wanting to save for current desires, what about future desires, such as a car...my kids are always on the lookout for VW bugs and love to talk about what color they will get!! Other goals for the future could include college, too.

I'm not really one for allowance, but as a high schooler I was given $75 a month to buy my own toiletries, and use the money for football games, ect. But after the money was gone I had to wait. It was a good lesson in making your money last. I wish I was told I could save some of it...that didn't even cross my mind at the time.

I wish you luck.