Now is the Time to Teach Kids to Save

In a bleak economy one bright side to the dire news we hear is to show our children how easy it is to save and how not only all the small saving pile up over time, it provides us freedom from worries about how we do get by if Mom or Dad loses a job.

One easy tactic I like a lot is to get a big glass (or clear plastic) jar that it’s easy to unscrew the top of and place more change in the jar.  In fact, it would be very cool to make it a daily routine and with the clear glass, your children see their savings grow over time.

Another fun way to show how saving is fun is to use the contents of a ‘family fun jar’ to pay for something special.  It might be a movie or just enough cash to pay the icecream man when he shows up later this Spring.  That attaches pleasure to saving and sets a great habit for your children for the rest of their lives.

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