I’m not much of a home movie buyer– unless it’s Disney.
They are the classics.
Movies that will never go outta style. My girls have watched Toy Story more times than DSP Lovey has burned dinner. So when they ask, I’m a pushover. But it doesn’t mean Disney movies hold a place in the monthly budget. So I told my older daughter she needed to earn the money. She did. And I used the Disney Movie Club to teach her how to divvy up hard earned dollars to buy the movies she and her sister wanted.
Now, this is not an ad. I am not getting paid to endorse their club. I simply love the concept and I think it is a great way to teach kids the value of money and thought you might too!
Here’s how it worked and what it taught her:
Power of the Mighty Dollar. Which is exactly what it costs to join. One dollar and you get four movies.
Moderation. Of course, she wanted them ALL, but quickly learned to look beyond her wants to choose the movies she and her sis really love.
Value. Right off the bat, she could buy two additional movies for $24.90. That is just $12.45 each– still less expensive than the stores– and the purchase goes towards her commitment to buy the required five movies– and she still wouldn’t have to pay any shipping (again, saving money). She didn’t really want to part with her money so quickly, but realized it would cost more to buy those two movies at a higher price later– and pay for shipping. This purchase also left her with only three movies to buy in the plan over a two year period. Easy peasy.
Patience. It’s not like in the store, immediate gratification. She had to wait 2-4 weeks for that first movie to arrive. Good training for life.
Responsibility. Every month, the club sends a mailing featuring a movie they WILL send to you and you WILL pay for, if you don’t return the card, call or go online to say “no”. Grace was responsible for spotting this mailing and returning it.
Commitment. She now needed to earn cash to pay for the remaining three movies she agreed to buy in return for the four introductory movies she received for just one dollar.
Saving. Because Disney gives you two years to fulfill your commitment, Grace learned to put aside a few dollars every time she earned them in order to have enough money to buy those last three movies and fulfill her commitment.
Prioritization. Grace learned her commitment to finishing her agreement needed to come first.
Accomplishment. She was able to earn enough money to complete her agreement early.
Which takes us back to responsibility. She confirmed her commitment was complete and now I can only hope this little lesson lasts a lifetime.
View all posts by: DSP Nurse Kris.