As many of you know, my children were born into the frugal lifestyle. My daughter checks for coupons and they have been instilled with the importance of saving money.

We also have taught my children about living simply. We have instilled in them for every new toy that comes into the house an old toy leaves the house. We have taught them for every item they sell, they are able to keep the money to purchase a new toy.

Recently, my daughter has hit the double digits. While she is still too young to babysit, she has learned the importance of earning a dollar to get what she wants. We have instilled in her that we will purchase the items that she needs, but she must buy the frivolous items that she wants.

This summer my daughter has begun a little side business. She babysits neighborhood dogs and waters neighbors’ yards. This allows her to earn a few dollars to purchase toys and other items that her parents aren’t willing to purchase. Because we have instilled in her the importance of saving money, she isn’t quick to spend and always is looking for a good deal. I think this is a win/win situation on two folds. First, having a job teaches our daughter the importance of responsibility, and secondly, because she has worked hard for the money it typically makes her think hard before she purchases an item at the store. When she does purchase an item, we find that she appreciates the item more because she has paid for it herself.

I would encourage parents to make children earn their money. Have them do chores or work jobs outside the home. By doing this, you are teaching your children responsibility and helping children appreciate what they have.

Do you have a frugal saving tip? E-mail them to localnews2005@yahoo.com.