I am a big fan of anything that gets the creative juices flowing for kids and that is why I am working with Foresters Friendly Society this summer with a competition encouraging parents to get creative with their children to produce a drawing or painting showing how they would spend £5000 in their #LittleSpenders Competition.
Foresters Friendly Society has been helping with family finances since 1834 and takes a sustainable approach to savings investments and insurance. As a mutual society, they don’t have shareholders and instead distribute profits to their policyholders.  This summer, they are taking a fun look at the way that children understand money by asking them to share their ideas of what they would do with a one-off lump sum.
We are looking for you to to get creative with your kids and encourage them to draw or paint their dream spending plans for £5,000 – no matter how silly or off-the-wall that might be.
So I set the boys the challenge and we started discussing what they might draw and some of the options were:
- Buy our own island so we can join the EU (Maxi)
- A boat to help refugees (Mini)
- A shed load of astroturf and goals so we can play football in each room in the house (Both of them)
- A time machine  (Mini)
- A den filled with every gaming machine possible, super fast wifi and lots of gadgets
- A holiday in the sun
- A race car
What would your children choose?  Even though the boys realised that pretty much everything on their list would probably cost in excess of £5k apart from the holiday and astroturf, they decided to pool the £5000 so they had £10k!
So set your kids the challenge and enter the competition below. Â We would love to see whatever they create, so please do share with us on The Mad House facebook page or twitter once you have entered using the #LittleSpenders Hashtag.
What I love about activities like this is there is no right answer. Â Sometimes all you need to to is to capture your children’s imagination and then let them loose with the pen and paper.
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