How to Help Your Kids Learn To Save

It's much better to learn about saving money when you're young. So, how do you teach your kids?

First, point out some things your child may have to wait for, like waiting for their favorite holiday or standing in line for their turn at the playground.

Next, find a jar or can and label it for saving. You can suggest that your child put some money in the jar so that he or she can buy a toy or pay for an experience when they have saved enough.

If your children are a little older, you can start talking to them about putting their money into a savings account.

You can also encourage your children to draw, make a chart or tell a story about what they’re saving for and how their money is growing.

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