July 8, 2025

Giving Kids Money for Sleepaway Camp: A Teaching Tool, Not Just Pocket Cash

Chaim Rottenstein, RSK Financial Coach

Sleepaway camp is more than just bonfires and bunk beds — it’s an incredible opportunity for kids to grow emotionally, socially, and yes, even financially.

When you hand your child spending money for camp, you’re not just sending bills and coins — you’re sending a message. This is your chance to plant seeds of financial responsibility that can last a lifetime.

Why Camp Money Matters More Than You Think

Many parents treat camp money as an afterthought. A quick $40 for the canteen or trip day and done. But this little envelope of cash is a golden opportunity to teach kids how to:
Budget

  • Delay gratification
  • Give generously
  • Make mistakes and learn from them
  • Align money with values and priorities

When children are given money and allowed to make decisions — even the wrong ones — they begin to internalize lessons that no lecture could ever teach. Camp becomes a safe environment to experience, “Oops, I spent it too fast,” and think through how to do it differently next time.

How Much Should You Give?

There’s no one-size-fits-all answer. Consider:

  • The camp’s recommendations
  • The length of stay
  • Any planned trip days or optional purchases
  • Your child’s age and money maturity
  • Your financial situation & budget.

Whether you send $20 or $100, what matters more is how you frame the money and what you help them learn from it.

5 Ways to Turn Camp Money into a Teaching Moment

Give It in Envelopes

Split the money into labeled envelopes: (see below for downloadable label pdf)

  • Week 1, Week 2, Week 3 etc…
  • Trip Day
  • Tzedakah
  • Emergency

This helps your child build self-control and planning skills. If they spend their Week 1 money on Day 1, they’ll feel the pinch — and that’s a lesson in itself.

“You can use this however you like, but you only get a new envelope each week.”

Include Tzedakah

Even in camp, kids can learn to be givers. Include a small amount earmarked for tzedakah and let them choose how to give it — whether to a fellow camper in need, a bunk fundraiser, or the camp scholarship fund.

Giving teaches empathy and shows that money isn’t just for ourselves — it’s a tool to help others.

Encourage a Mini Budget Plan

Sit down before camp and ask:

  • “What kind of things do you think you might want to buy?”
  • “What do you want to save for?”
  • “Is there anything you don’t want to waste money on?”

Even a short conversation gets them thinking ahead and practicing intentional spending.

Offer a Matching Challenge

Tell your child: “If you come back with $10 or more, I’ll match it — and we can either save it, or even invest it.”

You can take it a step further and say:

“If you come home with savings, I’ll match it and deposit it into your UTMA or custodial investment account. You’re not just saving — you’re growing your future.”

This shows kids that money saved today can become an opportunity tomorrow. It also introduces them to the power of investing and compound growth — in a hands-on way.

Follow Up After Camp

Ask:

  • “How did you decide what to spend your money on?”
  • “Did you make any money mistakes? What would you do differently?”
  • “How did it feel to give some away or save it?”

These conversations turn experience into wisdom.

Bonus Tip: Don’t Bail Them Out

If your child runs out of money (or loses money, I mean if we lose money no-one is bailing us out) mid-season, resist the urge to refill their envelope. The small discomfort of having to sit out a snack or skip a souvenir is a powerful teacher — one they won’t forget.

Final Thought

Camp isn’t just about independence in bunk-making and bedtime. It’s a place where financial habits begin to take shape. When you treat camp money as a learning tool, you raise a child who’s not just having fun — but growing into a financially responsible adult.

Let them make decisions. Let them make mistakes. Let them grow.

Because whether they come back with a few bucks left or just a great story about the snack they didn’t buy — you’ve given them more than spending money. You’ve given them a head start in life.

 

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