Tuesday, February 24, 2009

Like Father, Like Son

Harrison is very careful with his money. He gets this from his Dad and I think it is a great quality.** He likes to earn it and WILL NOT spend it. He has been begging me for months to take him to the bank to open a savings account. Finally, the other day we made a trip to the bank. He opened an account and deposited $77 of his hard earned money. Wells Fargo has a free savings account for kids and after it is opened, they can earn a "Wells Fargo Buck" for every $3 they deposit. They can use the Wells Fargo Bucks to buy things like stuffed animals, yo-yos, games etc. When he opened the account they gave him 3 Wells Fargo Bucks to get him started. The first thing he said to me when we walked out of the bank is "I should not have deposited my whole $77. They only gave me 3 Wells Fargo Bucks for that. It would have been better to deposit a little at a time and I would have had lots more W.F.B. to use. O.K., this kid is 8 years old and he came up with that before we even got to the car. The thought of how he could have gotten more "bang" for his Wells Fargo Buck did not even cross my mind. He is such a mini Jeff when it comes to his money!

**I have not always considered this a good quality. It took me many years to get used to this way of thinking. I have had to learn patience and trust to know that a purchase will happen eventually. Jeff will spend money and make good investments, but he always gets the best deal he can. He will research for months before he makes a large purchase. He even reads consumer reports magazine. He has done especially well with vehicles. A few years ago, he bought a motor home to drive to our family reunion in Wyoming. We went on all kinds of road trips in it and had a blast! After a year of fun with it, Jeff sold it for $500 more then he paid for it.

1 comment:

Evvie Turley said...

Wow, that is so impressive!! I think it's great that Harrison is good with his money, especially now days! Way to go, Harrison!