{"id":113993,"date":"2022-06-07T09:52:08","date_gmt":"2022-06-07T13:52:08","guid":{"rendered":"https:\/\/canadianbudgetbinder.com\/?p=113993"},"modified":"2024-12-19T11:57:53","modified_gmt":"2024-12-19T11:57:53","slug":"savings-methods-we-teach-our-autistic-son","status":"publish","type":"post","link":"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/2022\/06\/07\/savings-methods-we-teach-our-autistic-son\/","title":{"rendered":"Savings Methods We Teach Our Autistic Son"},"content":{"rendered":"\n<p class=\"yoast-reading-time__wrapper\"><span class=\"yoast-reading-time__icon\"><\/span><span class=\"yoast-reading-time__descriptive-text\">Estimated reading time:  <\/span><span class=\"yoast-reading-time__reading-time\">16<\/span><span class=\"yoast-reading-time__time-unit\"> minutes<\/span><\/p>\n\n\n\n<p>Our son was diagnosed with <strong>ASD 1 Autistic with a sensory processing disorder<\/strong> in March 2022.<\/p>\n\n\n\n<p><strong>Autism, money skills, and independence<\/strong> are high priorities to teach our son.<\/p>\n\n\n\n<p>Even if he weren&#8217;t autistic, we&#8217;d still teach him about the wild world of money, as every parent should.<\/p>\n\n\n\n<p>He&#8217;s always been fascinated with money and wanted to pay the cashier, bag groceries, and shop. <\/p>\n\n\n\n<p>The problem is that he takes or doesn&#8217;t understand what he learns literally and needs assistance.<\/p>\n\n\n\n<p>His homework last week was about money, specifically coins, and he didn&#8217;t understand what the teacher asked. <\/p>\n\n\n\n<p>Anxiety gets the best of him, and instead of asking for help, he&#8217;ll take on the work even if it&#8217;s wrong.<\/p>\n\n\n\n<p>Teaching children various savings methods from a young age is not putting them in the line of fire. <\/p>\n\n\n\n<p>Today, I wanted to share a story about teaching our handsome son about savings methods so he can apply them and lead his family.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-teaching-our-autistic-son-basic-savings-methods\">Teaching Our Autistic Son Basic Savings Methods<\/h2>\n\n\n\n<p>Although life has been a busy journey since he came into our lives, we love him.  <\/p>\n\n\n\n<p>We also worry about his future and whether we&#8217;ll be around for his milestones in life. <\/p>\n\n\n\n<p>If there&#8217;s ever a gift, we can leave him with its love, experiences, financial education, and the power of not giving up on his dreams.<\/p>\n\n\n\n<p>Since he was around 3, we started to teach him about money and simple savings methods. <\/p>\n\n\n\n<p>There&#8217;s nothing worse than a child begging for a toy and saying they can&#8217;t have it because there&#8217;s no money.<\/p>\n\n\n\n<p>However, when a child understands basic savings methods, things can improve. <\/p>\n\n\n\n<p>You might argue that we&#8217;re exposing our child to the stress of financial pitfalls. <\/p>\n\n\n\n<p>We don&#8217;t look at it from that perspective since we don&#8217;t discuss our finance with him.<\/p>\n\n\n\n<p>It&#8217;s quite the opposite. We&#8217;re working on teaching our son how to avoid debt in the first place.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"720\" src=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/show-me-the-money-savings-methods-for-children-720x720-1.webp\" alt=\"Grade 2 Math from our son- Show Me The Money\" class=\"wp-image-140883\" srcset=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/show-me-the-money-savings-methods-for-children-720x720-1.webp 720w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/show-me-the-money-savings-methods-for-children-720x720-1-300x300.webp 300w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/show-me-the-money-savings-methods-for-children-720x720-1-150x150.webp 150w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/show-me-the-money-savings-methods-for-children-720x720-1-420x420.webp 420w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/show-me-the-money-savings-methods-for-children-720x720-1-696x696.webp 696w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><figcaption class=\"wp-element-caption\"><strong>Grade 2 Math from our son- Show Me The Money.<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<p>As you can see from the photo above, he struggled with &#8220;Show Me The Money&#8221; as he took the question literally. <\/p>\n\n\n\n<p>The only one he got correct was five cents since it is a Canadian coin. <\/p>\n\n\n\n<p>He struggles to take a sentence or question literally, and we teach him from home for one hour every night. <\/p>\n\n\n\n<p>He brought home about 10 pages of mathematics with two sheets unfinished which I will complete with him. <\/p>\n\n\n\n<p>Besides the errors you see above, he did fantastic, which we are proud of because he tries. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-autistic-famous-people\">Autistic Famous People <\/h2>\n\n\n\n<p>Just because a child has autism doesn&#8217;t mean they can&#8217;t go on to be successful. <\/p>\n\n\n\n<p>Many famous autistic people didn&#8217;t let their disability get in the way of their dreams. <\/p>\n\n\n\n<p>Let&#8217;s have a look at<strong> 20 Famous People With Autism<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Leonardo da Vinci &#8211; Artist<\/li>\n\n\n\n<li>Vincent van Gogh &#8211; Artist<\/li>\n\n\n\n<li>Steven Spielberg &#8211; Director<\/li>\n\n\n\n<li>Alfred Hitchcock &#8211; Director<\/li>\n\n\n\n<li>Thomas Edison &#8211; Inventor<\/li>\n\n\n\n<li>Alexander Graham Bell &#8211; Inventor<\/li>\n\n\n\n<li>Benjamin Franklin &#8211; Inventor<\/li>\n\n\n\n<li>Henry Ford &#8211; Inventor<\/li>\n\n\n\n<li>Ludwig van Beethoven &#8211; Musician<\/li>\n\n\n\n<li>Wolfgang Amadeus Mozart &#8211; Musician<\/li>\n\n\n\n<li>Bob Dylan &#8211; Musician<\/li>\n\n\n\n<li>James Taylor &#8211; Singer-Songwriter &amp; Guitarist<\/li>\n\n\n\n<li>John Denver &#8211; Singer-Songwriter &amp; Record Producer<\/li>\n\n\n\n<li>Charles Darwin &#8211; Naturalist &amp; Geologist<\/li>\n\n\n\n<li>Carl Jung &#8211; Psychiatrist &amp; Psychotherapist<\/li>\n\n\n\n<li>Lionel Messi &#8211; Football Player<\/li>\n\n\n\n<li>Samuel Clemens &#8211; Writer<\/li>\n\n\n\n<li>George Orwell &#8211; Writer<\/li>\n\n\n\n<li>Jane Austen &#8211; Writer<\/li>\n\n\n\n<li>Charles M. Schulz &#8211; Cartoonist<\/li>\n\n\n\n<li>Elon Musk &#8211; Entrepreneur <\/li>\n\n\n\n<li>Nikola Tesla &#8211; Inventor<\/li>\n\n\n\n<li>Bill Gates &#8211; C0-Founder of Microsoft<\/li>\n\n\n\n<li>Jerry Seinfeld &#8211; Comedian Actor <\/li>\n\n\n\n<li>Albert Einstein &#8211; Scientist and Mathematician <\/li>\n\n\n\n<li>Dan Aykroyd &#8211; Actor<\/li>\n<\/ul>\n\n\n\n<p><strong>Source:<\/strong> <strong><a href=\"https:\/\/behavioral-innovations.com\/blog\/20-famous-people-with-autism-spectrum-disorder-asd\/\" target=\"_blank\" rel=\"noreferrer noopener\">20 Famous People With Autism<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wealthy-parents-don-t-always-come-from-money\">Wealthy Parents Don&#8217;t Always Come From Money<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-683x1024.webp\" alt=\"Teaching savings methods to children is important whether you come from wealth or not. \" class=\"wp-image-140885\" style=\"width:779px;height:auto\" srcset=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-683x1024.webp 683w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-200x300.webp 200w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-280x420.webp 280w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-150x225.webp 150w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-300x450.webp 300w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1-696x1044.webp 696w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/Ways-to-teach-children-savings-methods-from-a-young-age-720x1080-1.webp 720w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><figcaption class=\"wp-element-caption\"><strong>Wealthy Parents Don&#8217;t Always Come From Money<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<p>Not all children are taught about various savings methods, especially if their parents are wealthy. <\/p>\n\n\n\n<p>I try not to forget that not all successful multi-millionaires live in the lap of luxury.<\/p>\n\n\n\n<p>In the past, I&#8217;ve written about <a href=\"https:\/\/canadianbudgetbinder.com\/2020\/01\/28\/how-a-low-income-household-can-affect-children\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Justin Bieber and how he came from a low-income lifestyle<\/strong> <\/a>and, through hard work, he can now buy whatever he wants. <\/p>\n\n\n\n<p>Life sounds grand for him, but money isn&#8217;t everything, and fame isn&#8217;t everything. <\/p>\n\n\n\n<p><strong>Loving yourself, God,<\/strong> and his family, take the front seat in his life. <\/p>\n\n\n\n<p>Without that love, he can&#8217;t be everything his fans want him to be. <\/p>\n\n\n\n<p>That&#8217;s not to say that the wealthy don&#8217;t educate their children about money; however, there&#8217;s a slight difference. <\/p>\n\n\n\n<p>Growing up in a luxury home where you don&#8217;t have to share a bedroom with a sibling and your parents don&#8217;t argue about money is either a blessing or a financial disaster in the making. <\/p>\n\n\n\n<p>At some point in our lives, we will all argue about money; that&#8217;s the reality. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-everyone-has-different-dreams\">Everyone Has Different Dreams<\/h2>\n\n\n\n<p>Our new neighbour told my wife that she never dreamed she&#8217;d live in a house as she is today. <\/p>\n\n\n\n<p>She has Attention Deficit Hyperactivity Disorder and struggles to save money.<\/p>\n\n\n\n<p>Mrs. CBB told me about their chat, which hasn&#8217;t left my mind since.<\/p>\n\n\n\n<p>I, too, thought the same way when we bought our house in Canada.<\/p>\n\n\n\n<p>Coming from my <strong>600 sq ft home in the UK<\/strong> and moving to Canada with a house three times the size of a basement was mind-blowing. <\/p>\n\n\n\n<p>I was thrilled as I never dreamed I&#8217;d own a home such as the one we purchased. <\/p>\n\n\n\n<p>Mrs. CBB and I grew up in a home where money was unavailable whenever needed. <\/p>\n\n\n\n<p>That&#8217;s the difference between parents with money and those who struggle to pay the bills. <\/p>\n\n\n\n<p>One might argue that rich people earn money through paid education, inheritance, successful business deals, high-level careers, or knowing the right people. <\/p>\n\n\n\n<p>Children may still need to be taught how to handle their money. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wealthy-parents-produce-wealthy-children\">Wealthy Parents Produce Wealthy Children<\/h2>\n\n\n\n<p>Have you ever noticed that wealthy parents have children who also succeed?<\/p>\n\n\n\n<p>For example, Ultra successful <strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Yolanda_Hadid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Yolanda Hadid<\/a><\/strong> was a model, and now her three children, <strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bella_Hadid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bella<\/a><\/strong>, <strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Gigi_Hadid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Gigi<\/a>,<\/strong> and <strong><a href=\"https:\/\/g.co\/kgs\/GsLdn4\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Anwar<\/a><\/strong>, follow the same steps as she did.<\/p>\n\n\n\n<p>Who do you think taught her children about modelling, money, and the pitfalls of being famous?<\/p>\n\n\n\n<p>Their parents want their children to be successful even though they are no longer married. <\/p>\n\n\n\n<p>Their father, <strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Mohamed_Hadid\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Mohamed Hadid,<\/a><\/strong> is a multi-millionaire dollar real estate developer and successful business owner in the wine and caviar fields.<\/p>\n\n\n\n<p>The rich and famous live in a lifestyle bubble many of us will never understand unless we join them.<\/p>\n\n\n\n<p>That doesn&#8217;t mean their children have a shred of financial smarts because they earn millions.<\/p>\n\n\n\n<p>Let&#8217;s take the everyday average successful business owner who teaches their children about finance. <\/p>\n\n\n\n<p>It&#8217;s one thing to learn about money and how to budget and another when <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2020\/06\/23\/16-basic-frugal-people-habits-uncovered\/\" target=\"_blank\" rel=\"noreferrer noopener\">living a frugal lifestyle.<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-when-to-teach-children-basic-savings-methods\">When To Teach Children Basic Savings Methods<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-683x1024.webp\" alt=\"Savings methods to teach children and motivation to encourage them to never give up. \" class=\"wp-image-140886\" srcset=\"https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-683x1024.webp 683w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-200x300.webp 200w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-280x420.webp 280w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-150x225.webp 150w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-300x450.webp 300w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1-696x1044.webp 696w, https:\/\/digitalskyweb.co\/canadianbudgetbinder.com\/wp-content\/uploads\/2022\/06\/We-teach-our-autistic-son-savings-methods-early.-720x1080-1.webp 720w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><figcaption class=\"wp-element-caption\"><strong>Teach Children To Never Give Up On Their Dreams <\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<p>Many Canadians live a frugal lifestyle because they have to, want to, or do so to save money for a rainy day. <\/p>\n\n\n\n<p>However, there&#8217;s a difference between earning power and savings methods to teach a child when a parent feels it&#8217;s necessary.<\/p>\n\n\n\n<p>As parents to an almost eight-year-old autistic boy, we&#8217;ve allowed him to experience savings methods he can use for the rest of his life. <\/p>\n\n\n\n<p>If there&#8217;s something you want to leave your children before you die, consider love, kindness, life experiences, independence, and financial knowledge.<\/p>\n\n\n\n<p>Today, you will learn the savings methods we teach our son yearly until he understands the importance. <\/p>\n\n\n\n<p>As our son ages, we will turn savings methods into investing and home buying and the impact of debt. <\/p>\n\n\n\n<p>No age is set when teaching children about savings methods and debt. <\/p>\n\n\n\n<p>If you are a parent, choose the right time based on your instincts and educate your children. <\/p>\n\n\n\n<p>Don&#8217;t rely on the school system to do this for you, even if they say it&#8217;s in the curriculum. <\/p>\n\n\n\n<p>Show your children how you work your money to make ends meet, pay off debt, and save for the future. <\/p>\n\n\n\n<p>We teach our son about savings methods and ways he can make informed financial decisions. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-important-savings-methods-we-teach-our-autistic-son\">Important Savings Methods We Teach Our  Autistic Son<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Why do we bring our autistic son to second-hand stores? <\/strong><\/li>\n<\/ul>\n\n\n\n<p>We&#8217;ve been taking our son to places such as Value Village, Goodwill, and Bibles For Missions for years. <\/p>\n\n\n\n<p>Thrift stores are where he can physically touch products which help him decide what he likes. <\/p>\n\n\n\n<p>The clothing was always a hit for him because he could look at each article of clothing on his own. <\/p>\n\n\n\n<p>We didn&#8217;t force him to buy something he didn&#8217;t want, and the prices were fantastic compared to retail. <\/p>\n\n\n\n<p>We told him the truth once he asked us the difference between Value Village and Marshall&#8217;s. <\/p>\n\n\n\n<p>He knows that previously used clothing is what we purchase at Goodwill.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>We teach him the importance of a piggy bank to learn about saving money<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>Our son has many piggy banks in his bedroom, and that&#8217;s because it was a popular gift that he received.<\/p>\n\n\n\n<p>Each of his piggy banks is associated with something of importance for him. <\/p>\n\n\n\n<p>The Canada Post piggy bank is savings he uses to buy new shoes for school and outdoor pay.<\/p>\n\n\n\n<p>He will use his massive water bottle with coins to buy his first car. <\/p>\n\n\n\n<p>The last piggy bank is a pig, where he saves money to spend at garage sales.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ask-your-child-for-permission-to-sell-their-toys\">Ask Your Child For Permission To Sell Their Toys <\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ask your child for permission to sell their toys for cash.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>We&#8217;ve donated toys over the years but sell them to <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2022\/05\/26\/how-to-flip-garage-sale-purchases\/\" target=\"_blank\" rel=\"noreferrer noopener\">earn money back<\/a><\/strong>. <\/p>\n\n\n\n<p>Before we donate or sell anything, we always confirm that he no longer wants to play with them. <\/p>\n\n\n\n<p>Being autistic, he gets emotionally close to his toys and cars, and if he can&#8217;t find one, we all look. <\/p>\n\n\n\n<p>I wouldn&#8217;t like it if someone sold something without my knowledge, so we treat him the same way. <\/p>\n\n\n\n<p>We then decide the price when we have the items he&#8217;s ready to sell at a garage sale.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-choosing-used-clothing-to-sell\">Choosing Used Clothing To Sell <\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/canadianbudgetbinder.com\/2018\/07\/28\/sell-childrens-clothes-garage-sale-the-saturday-weekend-review\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>How to sell children&#8217;s clothing to earn money<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p>Another way we teach him savings methods is to sell clothing and jackets he no longer fits in. <\/p>\n\n\n\n<p>He loves to pick and choose what to sell and folds them to look pristine for the buyer. <\/p>\n\n\n\n<p>Seeing how he can earn money for his piggy banks is exciting. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-osmo-is-a-must-for-all-parents\">Osmo Is A Must For All Parents <\/h2>\n\n\n\n<p>We bought our son the <a href=\"https:\/\/amzn.to\/3KvXoap\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Osmo &#8211; Pizza Co. Starter Kit for iPad &#8211; Ages 5-12 &#8211; Communication Skills &amp; Math &#8211; (Osmo iPad Base Included)<\/strong><\/a> for Christmas. <\/p>\n\n\n\n<p>He was slow to get into Osmo, and I always sat with him to help guide him through the process. <\/p>\n\n\n\n<p>It&#8217;s taken time, but not he loves Pizza Osmo and interacts so well with the system. <\/p>\n\n\n\n<p>He can also whiz through the math that he continues to grow his skills which he struggles with within a classroom setting. <\/p>\n\n\n\n<p>Osmo has many other learning kits that you can choose from, but the Osmo pizza is a winner for learning about money interactions. <\/p>\n\n\n\n<p>I&#8217;m updating this post after I wrote it to tell you how awesome Osmo has helped him. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-all-about-osmo\">All About Osmo<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>OSMO IS MAGIC:<\/strong> Fun-filled &amp; award-winning learning games. Children interact with actual handheld pieces &amp; an iPad, bringing a child&#8217;s game pieces &amp; actions to life (No WiFi necessary for gameplay). An Osmo Base for iPad is included, but an iPad is not included; both are required for gameplay.<\/li>\n\n\n\n<li><strong>TEACHING:<\/strong> Make pizza for customers, collect payment &amp; make a change (dollars\/coins), &amp; learn the profitability of your business. Additional game concepts include Addition, Subtraction, Fractions, mental math, design, and communication skills (Pizza Co.).<\/li>\n\n\n\n<li><strong>SKILLS LEARNED:<\/strong> Real-world (business) math, money, addition, subtraction, fractions, fast-paced mental math, running &amp; grow a business, social interaction, listening, critical thinking, observation, creative problem solving &amp; basic business concepts. Osmo sees and reacts to every real-life move. Geared towards children &amp; love of learning.<\/li>\n\n\n\n<li><strong>AGE &amp; CAPABILITY: <\/strong>Ages 5-12+. The game is designed for beginner to expert levels. Osmo enables the continuation of learning. Real-time audio and visual feedback lets children learn through experimentation in a stress-free environment.<\/li>\n\n\n\n<li><strong>COMPATIBILITY FOR IPAD:<\/strong> All iPads except Generation 1-4, Air Gen 1, &amp; iPad Mini Gen 1-3. The new iPad 10th Gen, iPad Pro 11\u201d (4th Gen), &amp; iPad Pro 12.9\u201d (6th Gen) are not currently compatible; compatibility is coming later in 2023. iPad Reflector 2021 is required for iPad Mini 6, iPad Air 4-5, iPad Pro 11-inch &amp; iPad Pro 12.9-inch. The minimum iOS version needed is iOS 15.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-savings-methods-on-books-and-video-games\">Savings Methods On Books and Video Games<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Coach our son on the significance of going to the library instead of buying books.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>They often send home Scholastic book forms at school, but we don&#8217;t buy any books. <\/p>\n\n\n\n<p>I realize that some of the earnings go towards the school; however, he doesn&#8217;t want to buy them.<\/p>\n\n\n\n<p>He knows he can borrow books and games from the library, which means spending no money.<\/p>\n\n\n\n<p>It&#8217;s not uncommon to have our son sift through book titles at second-hand shops.<\/p>\n\n\n\n<p>He will look through any books the seller has in a bin or table, even at <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2019\/04\/27\/15-popular-items-worth-money-at-yard-sales-to-look-for-the-saturday-weekend-review-278\/\">garage sales<\/a><\/strong>. <\/p>\n\n\n\n<p>He also understands that the least amount of money he removes from his piggy bank is better.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-we-bring-our-autistic-son-to-garage-sales\">We Bring Our Autistic Son To Garage Sales<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Communicate the importance of bringing a child to a garage sale<\/strong> <strong>and how to negotiate.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>He&#8217;s learned the importance of garage sales from three years old. <\/p>\n\n\n\n<p>Most homeowners hold a garage sale to earn money back from what they&#8217;ve used and purchased.<\/p>\n\n\n\n<p>Another reason for garage sales is so that you can negotiate prices and find items for less than retail and second-hand prices. <\/p>\n\n\n\n<p><strong>We taught him to negotiate <\/strong>and carry Canadian coins in his pocket to buy items. <\/p>\n\n\n\n<p>He negotiated a J<strong>ack and The Beanstock<\/strong> book at a garage sale for $0.25 instead of $0.50. <\/p>\n\n\n\n<p>The homeowner was awed to hear such a young boy asking for a discount at a garage sale. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start an entrepreneurial adventure with your child from home.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Our neighbour&#8217;s daughter is 9 years old, and every Wednesday after school, she hosts a craft class.<\/p>\n\n\n\n<p>The class is held outdoors in the driveway on fold-out tables. <\/p>\n\n\n\n<p>Each week she has a new craft for the kids who attend to make.<\/p>\n\n\n\n<p>To participate in the craft class, she charges each child two dollars which pays for craft materials. <\/p>\n\n\n\n<p>Each child gets teamwork, crafting skills, and socialization from the adventure. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-open-a-bank-account-for-your-autistic-child\">Open A Bank Account For Your Autistic Child<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Learn the benefits of opening a bank account for your child to deposit savings.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Aside from his piggy banks, we&#8217;ve opened a bank account for him, and he knows about depositing money. <\/p>\n\n\n\n<p>We&#8217;ve talked to him about how money in his bank account will earn interest, but he&#8217;s not sure yet. <\/p>\n\n\n\n<p>He knows that the money in the bank account is his and wants to see his online bank balance at least once a week. <\/p>\n\n\n\n<p>It&#8217;s cute that he&#8217;s thrilled about banking, saving, and earning money while negotiating. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-we-teach-our-autistic-son-to-budget\">How We Teach Our Autistic Son To Budget<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Have your child help with the family&#8217;s monthly budget.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>We budget monthly, collect receipts for anything we purchase, and put them in the money bag we bought at the Dollar Store.<\/p>\n\n\n\n<p>We&#8217;ve tasked our son with organizing the receipts into budget categories. <\/p>\n\n\n\n<p>For example, the grocery receipts, as does Shoppers Drug Mart, go into one pile. <\/p>\n\n\n\n<p>As he ages will give him new tasks to do with our monthly budget until he&#8217;s ready to make his own.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-a-basic-credit-card-works\">How A Basic Credit Card Works<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Why do we use our credit cards to pay for purchases and benefits?<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In the past, he asked us about credit cards and why we don&#8217;t use money, so we explained it to him. <\/p>\n\n\n\n<p>We took a fundamental approach to credit card education by explaining that we earn <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2020\/07\/14\/save-more-money-using-a-memberships-and-rewards-tracker-free-budget-binder-printable\/\">rewards points.<\/a><\/strong><\/p>\n\n\n\n<p>For example, we told him that we use our <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2015\/10\/06\/pc-world-elite-mastercard-free-groceries\/\">PC MasterCard<\/a><\/strong> to earn <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2018\/12\/11\/4-million-pc-optimum-points\/\">Optimum points<\/a><\/strong> to get free stuff from Shoppers, Zehrs, or No Frills. <\/p>\n\n\n\n<p>However, we felt it was essential to teach him that plastic is not money and we still have to pay the bill each month.<\/p>\n\n\n\n<p>We have our <strong>Canadian Tire Mastercar<\/strong>d bill in the post to show him the expenses and how much we need to pay. <\/p>\n\n\n\n<p>We don&#8217;t know whether he understands it, but we will continue to educate him about <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2020\/10\/03\/how-to-pay-your-credit-card-off-in-4-weeks-free-plan-included-the-saturday-weekend-review-313\/\">credit card debt<\/a>. <\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-teaching-our-autistic-son-to-cook\">Teaching Our Autistic Son To Cook<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Have your children help prep food in the kitchen<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Our son has an apron we bought at a second-hand store and a chef&#8217;s hat. <\/p>\n\n\n\n<p>He loves the chef&#8217;s outfit and always acts goofy while he has it on. <\/p>\n\n\n\n<p>I picked up a small table for free on the side of the road, and this has become his prep station. <\/p>\n\n\n\n<p>Since he was two years old, he&#8217;s made <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2017\/01\/22\/nutella-banana-bread-swirl\/\">cakes<\/a><\/strong>, <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2021\/12\/05\/grandmas-homemade-chocolate-chip-cookies\/\">homemade cookies<\/a>,<\/strong> and <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2014\/11\/02\/chocolate-chip-muffins\/\">chocolate chip muffins<\/a><\/strong>.<\/p>\n\n\n\n<p>We have videos to prove that he was helping in the kitchen when he got older. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-grocery-shopping-with-children\">Grocery Shopping With Children<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bring your child grocery shopping and explain how to save money and plan meals<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>Lastly, we always bring him grocery shopping and allow him to participate in making a grocery list. <\/p>\n\n\n\n<p>Before his autism diagnosis, he struggled to walk on shiny floors and had to sit inside a shopping cart. <\/p>\n\n\n\n<p>He&#8217;s overcome that fear but won&#8217;t put his head underwater and struggles to ride a bike.<\/p>\n\n\n\n<p>His biggest sensory problem is with eating foods with certain textures and tastes.<\/p>\n\n\n\n<p>It&#8217;s tough for us, but we try to include food in his lunch and dinner even if he doesn&#8217;t eat them.<\/p>\n\n\n\n<p>We let him know we&#8217;ve added something new to try if he wants, so there&#8217;s no stress. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-hiring-a-nutritionist-who-deals-with-autistic-children\">Hiring A Nutritionist Who Deals With Autistic Children<\/h4>\n\n\n\n<p>He will work with a specialist who works with autistic children with food aversions as soon as a spot opens. <\/p>\n\n\n\n<p>In the meantime, we include him in meal plans even though he only eats pizza, hot dogs, and grilled cheese. <\/p>\n\n\n\n<p>He loves homemade <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2020\/04\/12\/magical-pillow-fluffy-pancakes\/\">pancakes<\/a><\/strong>, <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2019\/08\/11\/simple-keto-chaffle-waffles\/\">waffles<\/a>,<\/strong> and <strong><a href=\"https:\/\/canadianbudgetbinder.com\/2016\/06\/12\/strawberry-cream-cheese-stuffed-french-toast\/\">French Toast <\/a><\/strong>with <strong><a href=\"https:\/\/amzn.to\/3Nx0Hh0\" target=\"_blank\" rel=\"noreferrer noopener\">pure maple syrup<\/a><\/strong>. <\/p>\n\n\n\n<p>I once offered him five dollars to try <strong><a href=\"https:\/\/amzn.to\/3xqHnMx\" target=\"_blank\" rel=\"noreferrer noopener\">Corn Pops cereal <\/a><\/strong>as he&#8217;s never eaten cereal before. <\/p>\n\n\n\n<p>Once he took a bite, he threw up, and that was the last time I tried that method. <\/p>\n\n\n\n<p>It was me at my wit&#8217;s end, but now I realize it was a silly route. <\/p>\n\n\n\n<p>We allow him to eat what he wants but he must have fruit, yogurt, and vegetable (cucumber).<\/p>\n\n\n\n<p><strong>Bananas, watermelon, strawberries, and apples<\/strong> are the only fruits he will eat, which is OK with us.<\/p>\n\n\n\n<p><strong>Cucumbers<\/strong> are the only vegetable he will eat, including tomato sauce on his pizza. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-review-savings-methods-until-they-understand\">Review Savings Methods Until They Understand<\/h2>\n\n\n\n<p>It doesn&#8217;t matter if your child doesn&#8217;t understand the basic savings methods immediately. <\/p>\n\n\n\n<p>Continue to teach them through everyday living until they understand and lead them by example. <\/p>\n\n\n\n<p>Don&#8217;t be afraid to let children make money decisions, whether it be a small business venture selling stuff they no longer need. <\/p>\n\n\n\n<p>Please bring them to the bank and have them deposit money into their bank account with you. <\/p>\n\n\n\n<p>I WAS THRILLED when I used to deposit my paper route and dish-cleaning savings into my bank account. <\/p>\n\n\n\n<p>Give your children the gift of financial knowledge and remind them about the benefits of the savings methods you&#8217;ve taught them.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-discussion-questions\">Discussion Questions:<\/h2>\n\n\n\n<p>Please feel free to comment on this post or answer any of the following questions.<\/p>\n\n\n\n<p><strong>Are there any savings methods you wish your parents had taught you? <\/strong><\/p>\n\n\n\n<p><strong>What savings methods do you teach your children? <\/strong><\/p>\n\n\n\n<p><strong>If you have an autistic child,<\/strong> how do you teach them<strong> about money?<\/strong><\/p>\n\n\n\n<p><strong>I&#8217;d love to read your feedback and experiences so we might apply them to our curriculum at home with our son. <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-yoast-seo-related-links\"><li><a href=\"https:\/\/canadianbudgetbinder.com\/2022\/06\/21\/moving-and-selling-our-house-is-finalized-may-2022-net-worth\/\">Moving And Selling Our House Is Finalized: May 2022 Net Worth<\/a><\/li><li><a href=\"https:\/\/canadianbudgetbinder.com\/2022\/07\/21\/summer-camp-benefits-for-kids-june-2022-net-worth-tanked\/\">Summer Camp Benefits For Kids: June 2022 Net Worth Tanked!<\/a><\/li><li><a href=\"https:\/\/canadianbudgetbinder.com\/2019\/03\/05\/is-parenting-easier-for-wealthy-parents\/\">Is Parenting Easier For Wealthy Parents?<\/a><\/li><li><a href=\"https:\/\/canadianbudgetbinder.com\/2019\/08\/06\/5-ways-the-wealthiest-people-become-rich\/\">5 Ways The Wealthiest People Become Rich<\/a><\/li><li><a href=\"https:\/\/canadianbudgetbinder.com\/2012\/02\/03\/should-parents-teach-their-children-about-money\/\">Should Parents Teach their Children about Money?<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Savings Methods we teach our Autistic son which every child needs to know about. <\/p>\n","protected":false},"author":2,"featured_media":140884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"disable-jtr":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[658,662,736,1180],"tags":[15620,15313,10095,15621,15622,15623,15624,243,118,15625,15626,15627,15036,12346,15628],"class_list":{"0":"post-113993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-frugal-living","9":"category-parenting","10":"category-students-divorce","11":"tag-anwar-hadid","12":"tag-asd1","13":"tag-autism","14":"tag-autism-and-money-skills","15":"tag-autistic","16":"tag-autistic-son","17":"tag-bella-hadid","18":"tag-children","19":"tag-financial-literacy","20":"tag-gigi-hadid","21":"tag-mohamed-hadid","22":"tag-money-habits","23":"tag-savings-methods","24":"tag-sensory-processing-disorder","25":"tag-yolanda-hadid"},"yoast_head":"<!-- This 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