Encourage Kids to Start Saving Money
There are a lot of great articles written by professional finance planners describing all the reasons why and how we should teach our kids how to maintain a healthy relationship with money. With that in mind I won’t regurgitate them here, rather I will simply say walk the walk and talk the talk. Meaning, be good with your money and they’ll learn to be good with their money. It’s a work-in-progress, I realize.
I have a little change bowl inside the front door of my house where I throw my keys, and with the boys I call it my piggy bank. It gets them thinking about the concept of money and sometimes starts some important conversations about the power of “change.”
My oldest has a piggy bank and is already eager to earn an allowance since he has made his first few purchases with money stolen from his piggy bank. Yes, he has discovered his own “buying power.” He’s only four.
Related Links;
Family Education | Kids and Money
Columbia Management | Young Investor
Reuters | Teaching Kids ABout Money
BabyGeared.Com | Complete Collection of Piggy Banks
Large Chrome Piggy Bank | Kikkerland
Pretty Pink Piggy Bank | Kids Bank
Wide Selection of Piggy Banks
