The Journal

The Kid's Money Wizard Journal is your working financial plan.

Here's how it works:

• For spending (both on everyday items and clothes)
  • You make a list of the things you need to buy
  • Your parents decide how much money they'll provide you with to buy these things (your Spending and Clothes Allowances)
  • Your parents give you that amount of money
  • You make the purchases from your list
  • This process helps you decide which items are really important and assures you'll have the money for them

• For saving and sharing
  • You make a list of the things you're saving for and the causes you're sharing with
  • Your parents decide how much money they'll provide you with for saving and sharing (your Saving and Sharing Allowances)
  • You decide how much of each allowance goes towards each item
  • You decide how much of the money you receive as gifts and the money you earn goes towards saving and sharing
  • This process gives you a realistic idea of how long it will take to save for the items you want and how much money you'll have to share

The Plans

Spending Plan

Saving Plan

Sharing Plan

Clothes Plan

The Challenges

Spending

Saving

Sharing

Gift

Clothes

Your parents decide which of The Challenges provided are appropriate for you to master. They may also add some challenges of their own. Once you've completed all The Challenges in all the sections, you will be a true Money Wizard.

Allowance Magic Online (AMO)

Features include: