Years ago I wrote about this wing-dinger of a family bank:
What’s that you say? You can’t read the engraving?
That’s because that thing is as old as the hills. I mean, that sucker was around when I was a kid for crying out loud.
So I’ll translate:
Those words carefully carved into that wooden box by my dad say “The First National Bank of Eyrealm.”
Because that was our family bank growing up.
It’s survived a few things through the years, including, as you might notice, the fact that we lost the key to the padlock years ago, so someone had to unscrew the screws to open up that treasure chest (very secure, right?).
It was the bank where we put our “slips” in each night for our family money system growing up.
It was in that bank where I kept my check register to keep track of all my earnings for our complicated family “point” system. Where I kept track of our awesome interest system (10% per quarter baby!). Where I learned the beautiful 10-20-70 principle Dave and I have worked valiantly and painstakingly to teach our own kids for all these years. That’s where I kept my tithing, carefully divided from my babysitting money so I could keep track.
Oh boy. All the memories.
And I wrote all about them in several different posts through the years (linked below).
But for today, let’s talk about how the last of our children “graduated” from the family bank a few weeks back.
You see, all of our kids have moved on to a “real” bank account when they turned sixteen.
They were ready for their own debit card, and to be able to have more ease of access to pay for gas, entertainment, all that jazz when they could drive.
But Lucy here was ready early.
She is a girl who knows how to take care of things meticulously well, and she understands numbers like nobody’s business, and as I have mentioned before, she is working diligently on a list of things to bring her more independence.
So we helped her start her own “real” bank account.
She gathered all her bills she had been saving in her wallet, and we looked over her check register (see it on the right below?) to see how much she had in her “spending” and “savings” accounts, and helped her open her own bank account.
We showed her how to deposit in the ATM (as well as getting her set up with the bank app in her iPod), and showed her how to transfer that 20% to savings when she earns anything.
And that girl is pretty excited about that new little independence development.
Now to try to help her figure out how to earn money.
Which she wants desperately to do. And also which is tricky to do when you don’t have much vision.
She’s thinking of starting a little cookie business. (She has a pretty great recipe down-pat, and I think she could make a good little business of it.). But we’d love any other ideas if anyone has them to throw at us.
So there we have it: the graduation from our little family money system that has kept us going for so many years.
So grateful for that family bank that has been with us through thick and thin.
Now I wonder if any of our kids will want to inherit that beauty golden family bank for their own families!