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How To Have A Successful Fundraising Season!

Fundraising is pretty much a part of being a parent these days. If your kids attend public schools, or if they are involved in any extracurricular activities, then you know that pretty soon it’ll be time to sell something.  Whether you are selling coupon books or cookie dough, here are some helpful tips to help you navigate fundraising season, here are some helpful tips from Gabrielle, with the iFamily Mom & Dad Squad, to help you navigate fundraising season!

Fundraising

Parent’s Guide to Product Sales

 

Do not feel pressured to participate.

You are not required to sell 100 candy bars. You know what your schedule is like. You know what you can handle. If the Fall fundraiser just does not fit into your life right now, do not fret. There will be another one in the spring.

Now don’t get me wrong. I’m supportive of my children’s activities, and I do on occasion help with product sales. But there are times when I would much rather write a check than have to sweet talk my neighbors into buying another magazine subscription.

Have your child set a goal.

If (When) you do decide to sign up for the fundraiser, make sure the child sets a realistic goal. Goal-setting is a skill that your child will use the rest of his life. You might was well get them started early.

Children’s goals are often guided by the shiny prizes and plastic toys offered as rewards for selling. Consider that it is usually cheaper and more convenient for you to buy the prize outright, than trying to collect hundreds or even thousands of dollars from your friends and neighbors.

Instead, talk to your child about what they can reasonably expect to sell and then set their goal just a little bit higher than that. It gives them something to work towards, and to be proud of at the end of the sale.

Set a budget.

You will always be your child’s biggest supporter and therefore you are likely to be their best customer. If my child, or any child for that matter, is just a couple of items from meeting their goal, I am likely to make a purchase to make up for the difference.  I always place my order last, just in case.

However, be careful not to be a crutch for your child. They shouldn’t depend on you to always make those last few sales. That is a good way for you to end up with 10 tubs of cookie dough (and 10 extra pounds.)

Start collecting money early.

There will always be one family member who placed an order that you probably will not see again until Thanksgiving. Get the money at the earliest possible time, and try to turn in everything a week before the actual deadline. Have everything counted and collected before you hand it over to the fundraising coordinator. They will thank you.

Confession: I take all the cash and write one check. Fundraising coordinators love me.

Fall product sales and other fundraisers are a great way to support your children’s activities. They also offers some valuable life lessons, but they are not without pitfalls to both your wallet and waistline. Be careful. Have fun, and sell, sell, sell… or not.

From iFamily to Yours,

Gabrielle

 

 


5 Easy Tips on Teaching Kids About Money

Good Morning, Kansas City! Money habits start forming from a young age, and there’s a lot of little things parents can do to help them become good habits. Our Mom Squad Ambassador, Brigette, has some great tips for teaching your kids about money. Take a look…

5 Easy Tips on Teaching Kids About Money

5 Easy Tips on Teaching Kids About Money

 

So.. I know it’s actually “a penny saved is a penny earned” but I never really believed that. I always felt like money was something that was taught in one fashion. Pay bills and save the rest. As I got older and my circle of friends and mentors grew, I learned so much more than just paying bills and saving money. I learned how to make money stretch, how to make it grow and how to share the wealth.
Now that we home school, we talk about different ways to not only make money but budget, plan and save money.
Here are a few guidelines that we use with our kids when talking about money.

#1 Teach them value

From an early age we always talked to our kids about money. When we head out to shop, we always show the kids options when looking at toys, clothes or other things that interest them. We allow them to browse, check prices and see if there are any other options that would allow them to get more and spend less.

#2 The difference between want vs. need

Something that I’m sure kids barely grasp the true understanding of lol. I always allow my kids to make choices when it comes to their money. I think the best way for them to learn is to experience it for themselves. Any time they want a new toy, candy and something that is not a “parent duty” I allow them to decide if they want to purchase it or not by asking them if they need it or not and why.

#3 Saving & investing from an early age

we are pretty old school when it comes to this one. No, we don’t have an account set up for them ( though we probably should), we use a good old fashioned piggy bank. Well this day in age it’s a Paw Patrol bank and Emoji banks lol. Any time they earn, receive or find money, it has to go into the piggy bank before they can spend it. Once it’s been in the bank then they can decide where it needs to go. When it comes to making investments, they really don’t have many options. They can buy something that will benefit them in return. Even though they don’t “invest” much, my husband and I always talk to them about it when they are trying to decide.

#4 Budgeting

Ok this one is more my line of work. I budget for EVERYTHING! I am horrible at math, but money…. I know. When shopping, I tell the kids my budget and what I have to get first off my list. Once my list is checked, I show them if I am over or under my budget. If I am over, I allow them to look around the store to see what else I could get without going over.

#5 Tithing/donating

This may or may not be something that your family practices, but in ours it is our golden rule when it comes to money. Even though they don’t tithe as frequently as we do, they pay their tithes on Holy Days and keep a portion for the feast. If we are out and about and they have some of their coins on them ( they usually sneak a few) , if we run into a homeless person they give. Donating money to someone is something that they take pride in. Helping those in need will make you feel richer than you already are.
Everyone lives, spends and saves differently, so these tips are what we do. I hope you find them helpful when talking to your kids and family about money!
Brigette blogs at www.bybrigettedanielle.com

 

From iFamily to Yours,