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. 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. Sometimes all you need to to is to capture your children’s imagination and then let them loose with the pen and paper.