Teaching Kids to be Frugal Shoppers

Involving children in the family’s grocery shopping is a good way to teach children about money and being a frugal shopper. Children can be involved in every stage of the grocery shopping trip. Let them help check existing pantry supplies to see what is needed. Have them actively involved while in the store by helping select items from the shelves. And make them aware of the budget and cost of each item that is purchased.

Grocery shopping for the household involves:

  • menu planning,
  • checking and replenishing inventory,
  • working with a list,
  • monitoring pricing and keeping within a budget,
  • unit pricing and relating value to quality
  • brand awareness and marketing
  • portion control or product yield, and
  • redeeming coupons or considering sale items.

All of the skills from a successful grocery shopping trip help run a household, but are also applied in the business world. Related real world skills can even lead to future careers in logistics, purchasing, accounting and manufacturing.

Once a child can count to ten, he is old enough to understand some of the basics of money management and comparison price shopping. Comparing items on the grocery shelves can teach children the concept of one item being greater than another, such as the difference between the prices of different brands or seeing how individual packages compare to standard family size containers and then how those compare to bulk sizes.

Allowing children to participate in redeeming coupons is another way to teach children about saving money. School age children can help find the items on the shelves that meet the coupon requirements. Make it a game like a scavenger hunt, and give the kids a small reward if they find all the coupon items correctly.

Love to Sip on Eggnog

One of my favorite traditions over the holidays is a party that serves eggnog. Usually I can count on my good friend Lindsay to have eggnog at her party, but she has been having medical troubles this year and I’m not sure she is up for hosting her annual holiday party. I hope she feels better and enjoys the holidays, whether she hosts her party or not. She is a dear friend and I don’t like to think of her being ill.

In better times, I love the many parties and events that happen in my family and with my friends between Thanksgiving and New Year’s Day. And I can count on at least one of those parties having a big punch bowl with home made, fully loaded eggnog. Lindsay uses an old family recipe and even grates the nutmeg herself. I have to admit that I have never had nutmeg and a grater in my hand. I don’t think I even know what raw or whole nutmeg looks like! I just buy ground nutmeg at the grocery store in the spices aisle. But Lindsay knows all about it and she says it makes a huge difference in the intensity of the flavor. I must say that she is right – Lindsay’s eggnog is the best I’ve ever had!