With Mother’s Day just around the corner, I thought it would be a good idea to share my experience from last year. I believe it will give you some ideas on how to make this day special for your family, with the added bonus of helping with your long-term saving and investing goals. Furthermore, planning and putting effort into having a great Mother’s Day celebration makes it memorable and fun for the whole family.
Before Mother’s Day arrives, encourage your kids to get involved in planning the day. Last year, my son used an activity book to come up with some craft and baking ideas that we could make for his mom. He decided that we should make a crown, a cake, and breakfast. He took it upon himself to plan these things, which was fantastic. I carried through with it, which encouraged him to pull out the book and start planning again for this year. Of course, you do not need a special book to generate ideas. There are plenty of ideas on social media websites and blogs. My only suggestion is to keep it simple and within your capabilities.
With the plans in place, you can now move to execution. You will need to set aside time to purchase supplies. Last year, I bought cake mix, icing, some cones (it was a crown cake), breakfast supplies, and cardboard to make the paper crown and cards. Making the cake and the cards not only saved us money, but it put a personal touch on the day that you cannot put a price on. We also encouraged mom to go out the night before Mother’s Day, which allowed us to get everything ready and hide it away for the big surprise. She enjoyed having some time away as an extra bonus.
The big day
If you are cooking breakfast, you will want to get to bed early. My spouse has tendency get up early and head out to the kitchen and start cooking for the kids. Last year, we made sure we went to bed early and got up before she did. This allowed us to get breakfast ready and surprise her in the morning. She appreciated the surprise and the chance to sleep in for a bit. At breakfast, we broke out the crown and showed her the cake, which we ate after dinner. After we ate breakfast, we went out for a walk and enjoyed some family time in the park, which was also a great free activity.
We probably saved around $100 by having breakfast at home and making our own cake and cards. The money you save by staying home can go into an investment account for the kids, or it can be used to help pay off some debt. Paying down debt allows you to start saving for the future and investing.
The fact my son organized and planned everything made it a very special day for his mom. I enjoyed seeing both of my sons so engaged in making it a great day, and was impressed when my son pulled out the activity book again this year.
In the end, saving money was a bonus to a day that was priceless.
A few months ago, I talked about allowance charts for kids. Since this month is financial literacy month, I thought I’d follow-up and share some of the results I’ve seen from our chart system after I read a Globe and Mail article that discussed the best age to teach financial literacy. The experts quoted in […]
In February 2013, IIROC released two decisions relating to BC residents as well as announcing that it withdrew allegations against one BC resident. The MFDA suspended a BC resident for failing to pay the fine and costs within the required time frame. The BCSC released no enforcement case documents in February. CSA Enforcement Report Last […]