Save Half, Spend Half

Encourage your child to save half of any money that they receive, whether it is from their allowance or a gift. Work with them on how they would like to save the money. Would they like a piggy bank or would they like to open a bank account? Have them participate in dividing the money and making the deposit.


Talk with them about what they would like to save for and how they would like to spend the other half. If you keep them involved and make it fun, they will be more willing to save their money. Teaching them to be financial smart at a young age will pay off as they grow up.

Add your voice! Click below to comment. ThriftyFun is powered by your wisdom!

Related Content
In This Guide
Parenting General Parenting Family FinancesAugust 11, 2011
Easter Ideas!
St. Patrick's Ideas!
Ask a Question
Share a Post
Better LivingBudget & FinanceBusiness and LegalComputersConsumer AdviceCraftsEducationEntertainmentFood and RecipesHealth & BeautyHolidays and PartiesHome and GardenMake Your OwnOrganizingParentingPetsPhotosTravel and RecreationWeddings
Desktop Page | View Mobile

Disclaimer | Privacy Policy | Contact Us

© 1997-2018 by Cumuli, Inc. All Rights Reserved.

Published by ThriftyFun.

Generated 2018/03/11 09:17:02 in 817 msecs. ⛅️️
Loading Something Awesome!