Welcome to the Money Smart Store

Mercy and Brynn learn about budgeting with a craft at Mentor Public Library. The craft also offered a lesson in budgeting. The kids had to “pay” for each paint color, forcing them to be frugal in their choices.

Mercy and Brynn learn about budgeting with a craft at Mentor Public Library. The craft also offered a lesson in budgeting. The kids had to “pay” for each paint color, forcing them to be frugal with their choices.

Kids as young as three learned the basics of budgeting during a special program on Monday at our Main Branch.

The children each started with $36 in play money. With those funds, they could buy a piggy bank – $10 for the rocket ship, $11 for a ceramic turtle – paintbrushes, and paint to decorate it with. But the kids needed to be judicious. Each paint color cost four dollars.

If they had any money left over, the kids could buy stickers, chocolate coins, bookmarks and bouncy balls from our Money Smart Store.

Marilyn Weiss, a children’s associate at Mentor Public Library, gives Jenvee Rana her change while staffing the register at the library’s Money Smart Store.

Ms. Marilyn gives Jenvee Rana her change while staffing the register at our Money Smart Store.

Ms. Marilyn, one of our spectacular children’s associates, organized the program as a way to kids about money during Money Smart Week.

In addition to budgeting, Weiss also quizzed the children to see if they knew the value of household items like peanut butter, toys, and videogame consoles. She also explained the differences between wants and needs to the children.

We’re hosting Money Smart Week through April 9 at our Main Branch. Upcoming programs include:

  • Basic Estate Planning at 6:30 p.m. on Thursday, April 4. Attorney Pamela Kurt will explain essential estate-planning documents such as wills, power of attorney, health care power of attorney and living wills. Kurt is the owner of Kurt Law with offices in Geauga County, Lake County and Ashtabula County.
  • Identity Theft at 6:30 p.m. on Tuesday, April 9. Deb Casper of Dollar Bank will explain different ways to protect yourself from Identity Theft.

All of our Money Smart Week programs are free and open to the public—which, of course, makes them very money smart. However, we do ask that you register for them beforehand. You can sign up online or call us at (440) 255-8811.

By the way, we have hundreds of books and documentaries about money and finances that you can borrow for free, which is very Money Smart.

Kids try to guess the value of store-brand peanut butter during a Money Smart program at Mentor Public Library. (Correct answer: $1.39.)

Kids try to guess the value of store-brand peanut butter during our Money Smart program. (Correct answer: $1.39.)

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