“Why don’t you just put it on the debit card?” As a parent, we have all heard this line before. We laugh – because we know that our child doesn’t understand that the card is linked to our bank account, which typically does not have an infinite amount of funds in it! Our children watch us pay for things from ice cream cones to vehicles, but do they really understand how we are able to do so? It is never too early to introduce your children to saving money. Here are a few simple ways to help your children learn how to start saving.
For more kid-friendly ideas check out these resources. Good luck getting your little ones to save and remember to practice what you preach!