Anglo-Chinese School (Primary)

[coast]

ezmummy:

coast:

Interesting ... thanks for sharing

How about his savings? Does he get to decide what he can do with it or are there some rules? It defeats the purporse if he decides to spend all his savings away after accumulating it for a while?

I think it all depends on what you want to achieve. For me, at this stage, my purpose is just to teach my children to learn to have a lifestyle to allocate what they have, ie, don't spend every single cent given to them, and learn not to be tempted by what they see.

Eg, Son has been wanting to go watch the F1, I refuse to spend so much money on it, but told him he can save up for it. Which he did so last year and already have enough to buy pretty good seated tix for this year, and have some more. During the process, there were stuffs he was tempted to get, but many times, he overcame those temptation, cos he wanted to save up for the tix.

So although he is going to spend a big bulk of the savings, but, thru' the process, he learnt to be focused, to allocate what he has, learn not to waste money on what we chinese call, 有的没有的, which the bookshop has plentiful.

I will monitor how he want to use his savings this year. I may continue to teach him not to spend all his savings, but to keep for 'rainy days', or, learn to invest them 1 step at a time.

Personally, I'm quite a spendthrift, and can be totally lack of control :P, sometimes I do wish someone has taught me all these money management skill when I was younger. That's why I want to teach my kids early.

(wow, deviating a lot from ACSP topic :P)

Hi ezmummy, thank you so much! Sorry for making you go off topic. What you have shared is very useful to me and hopefully there will be other parents that find it informative too. For the other parents, please accept my sincere apologies for asking something off topic.

[shalomger]

ezmummy:

shalomger:

I prob cannot make it to the GEP briefing in school on Friday as I have to be in Beijing and will be there until the 16th. Might have to ask everyone here what transpired. I will also arrange to meet his teachers.


Quite disappointed as I was looking forward to meeting everyone here.
For those whose boys are in 4H, shall we grab a bite and meet up one day?

was looking forward to seeing you on Friday. It's ok, I'm sure there are more opportunities. Will keep you in the loop on what was transpired.

Same here!! Thanks for offering to keep me in the loop. Super appreciate it.

[shalomger]

coast:

ezmummy:

[quote=\"coast\"]
Interesting ... thanks for sharing

How about his savings? Does he get to decide what he can do with it or are there some rules? It defeats the purporse if he decides to spend all his savings away after accumulating it for a while?

I think it all depends on what you want to achieve. For me, at this stage, my purpose is just to teach my children to learn to have a lifestyle to allocate what they have, ie, don't spend every single cent given to them, and learn not to be tempted by what they see.

Eg, Son has been wanting to go watch the F1, I refuse to spend so much money on it, but told him he can save up for it. Which he did so last year and already have enough to buy pretty good seated tix for this year, and have some more. During the process, there were stuffs he was tempted to get, but many times, he overcame those temptation, cos he wanted to save up for the tix.

So although he is going to spend a big bulk of the savings, but, thru' the process, he learnt to be focused, to allocate what he has, learn not to waste money on what we chinese call, 有的没有的, which the bookshop has plentiful.

I will monitor how he want to use his savings this year. I may continue to teach him not to spend all his savings, but to keep for 'rainy days', or, learn to invest them 1 step at a time.

Personally, I'm quite a spendthrift, and can be totally lack of control :P, sometimes I do wish someone has taught me all these money management skill when I was younger. That's why I want to teach my kids early.

(wow, deviating a lot from ACSP topic :P)

Hi ezmummy, thank you so much! Sorry for making you go off topic. What you have shared is very useful to me and hopefully there will be other parents that find it informative too. For the other parents, please accept my sincere apologies for asking something off topic.[/quote]
It's ok la. For me, I feel it is when they have to save their own money to buy stuff that they understand how easy it is to spend it and how saving the amount takes time and discipline. I get DS to run by me what he wants to buy before I give him thr go ahead. I try to get him to think about his purchases carefully and not to be frivolous just because he has moolah.

He is quite a saver. So not too bad. And if a purchase he wants to make is v good but too $$, we work out a deal eg 60:40 - he pays 60%, we sponsor 40%. The splitting of the bill depends varies with each item

[Nebbermind]

shalomger:

I prob cannot make it to the GEP briefing in school on Friday as I have to be in Beijing and will be there until the 16th. Might have to ask everyone here what transpired. I will also arrange to meet his teachers.

Daddy can't make it too??

[ezmummy]

coast:

Hi ezmummy, thank you so much! Sorry for making you go off topic. What you have shared is very useful to me and hopefully there will be other parents that find it informative too. For the other parents, please accept my sincere apologies for asking something off topic.

coast, my fault too la. Not yours

your son is at which level in ACSP?

[durian0096]

Hi,


anyone wants to sell the P3 chinese "yu Lang Fei Qin Kong Yuan Ku shi" by Spore Zoo & Teacher’s Network?

Please Pm me if you have. Thanks

[durian0096]

Hi ,


The Chinese stories bk are used by ACS as text for P3…

[auntieM]

Hello all! :rahrah:

My DS made a purchase last Friday in the school's bookshop and was not issued any receipt. We found out we have the item at home and I told DS to see if he can return it today.. ..I was pleasantly surprised when DS came back and told me that they gave him a full cash refund without any queries. Maybe this is a common practice in most school bookshops.. ..me suaku..

[coast]

ezmummy:

coast:

Hi ezmummy, thank you so much! Sorry for making you go off topic. What you have shared is very useful to me and hopefully there will be other parents that find it informative too. For the other parents, please accept my sincere apologies for asking something off topic.

coast, my fault too la. Not yours

your son is at which level in ACSP?

Hi ezmummy, I sent you a PM

[shalomger]

Nebbermind:

shalomger:

I prob cannot make it to the GEP briefing in school on Friday as I have to be in Beijing and will be there until the 16th. Might have to ask everyone here what transpired. I will also arrange to meet his teachers.

Daddy can't make it too??

My hubby is in Beijing for a film shoot which is why we flew up. He has been away for quite a while.