Budgeting Allowance with my 9 Year Old ✨✨

You get $9 $9 Because you are 9 years old 1, 2, 3, 4, 5, 6, 7, 8, 9 Your $9 has to be split up into what? Three categories Investing, savings, and spending. That's right. And optional is the charity. So before we do this, are you up for an investing lesson? Yeah! 9 Year Old learns Investing Investing Lesson Is a Separate Video So I did actually invest that money so we're gonna take this out of here And I'll add it to my bank because I'll use that for future allowances. In the meantime, you're gonna split up your $9 Fin I wanna see how much money I have in my spending to see if I can put it in my charity today. And $2 towards charity. I wonder how much I have in savings All right, 20 21 And 30, 31, 32 I do have some 5's, do you want to trade? Sure I can give you two 5's if you want It's almost as much as my wallet, because this has 32 and this- That one and this one I need 1's for future allowances. So $32 in your savings and now you just added $3 to your investing How much money do I have in my investing right now? Actually, I could just check right there Well, that one hasn't transferred the money over Technically to your $8,635 you're gonna add on the $24 Plus the $3 that you put in there So the $24 + $3 = $27 And then if you wanted to add that to your $8,635 $8,635 $27 It's $8,662 ✨ So that number is actually LESS than it was last week when we did allowance. Was it? But remember when we went over why sometimes your investments go down? Yeah And so not to worry about that Are we worried? No We're not worried. If anything, you just got some investments at a discount. We'll talk about that concept some other time. And then we'll put this in here. Thank you All set! Make sure you wash your hands.