Saving Tips: Pass These On To Your Children

Savings Tips: Pass These On To Your Children
Tip #1  Instill in them the old saying ‘a dollar saved is a dollar earned’.
Buy them a piggy bank and let them see how fast their money
accumulates when saved.

Tip #2  Help them set goals. Say they want an $80 pair of
shoes. Let them save $5 or $10 a week until they have the purchase
price. Have them put a reminder of their goal in strategic places.
They’ll learn patience and persistence. And by the time they save the
money, they might also learn that they really don’t want the shoes any
more.