The other way we can use those sample credit cards is to make a "piggy bank" to teach your kid that an alternative to credit cards is to save up before spending. Be it for Christmas Fund or Birthday Fund or Summer Vacation Fund, saving will be fun while learning a financial lesson at the same time. Start them young!
Supplies:
- 6 or more sample credit cards, depending on how big the box used.
- small box (Substitiute: You can make your own box by using cardboard, scissors, pencil, stapler and glue.)
- bond paper (Substitute: Any nice paper you would like to use.)
- pencil
- cutter
- scissors
- glue
Instructions:
- If you do not have a box yet, construct the box using cardboard, scissors, pencil, stapler and glue. Consider using the sample credit card dimensions so that they can cover entire sides.
- Select a side of the box where to place the hole where coins can enter. Select a location on that side to mark a 1" straight line. Make sure it is located/positioned where you do not need to cut through a sample credit card. Cut through the cardboard on the 1" mark.
- Cover the box with the bond paper (or the nice paper you want to use). Cut through the paper on 1" hole location on the board to allow coins to enter.
- Glue the sample credit cards to all sides. (You can opt not to glue one at the bottom if you do not have enough sample credit cards.)
- Mark or decorate the "piggy bank" according to what the money being saved for is - Toys, Christmas, Birthday, Summer Vacation, Mother/Fathers' Day, Grandparents' Day, etc.
In what I've done, I used old Christmas card boxes which had a nicely written "Christmas" white text on silver background.
By Rela Ann
Comments
By Diana (Guest Post)
August 25, 20050 found this helpful
We require our children "bank" 1/2 of any financial gift, or earned income (babysitting, etc.)
We pay an allowence and require they tithe and save 1.00$ of that as well. Our 14 year old daughter saved almost $1000 this summer and still spent unlimited hours at her favorite mall! Our 7 year old has saved almost $300 all on her own
We never use credit cards! Only debit cards!
