{Saving money & teaching your kids its value}
This post was underwritten by BMO Harris Bank, which offers a matching $25 on a new savings account opened for your child through their Helpful Steps for Parents program. Learn more at bmoharris.com/parents.
A year and half ago, on no particular day… the hubs and I felt it was the day we would take our two older kids to our bank and open their own bank accounts. Boy did they feel special that day, Bella even grabbed herself a purse. HA! We first headed to lunch and then off to the bank. This day really was a special day.. as they felt big, older like adults, you could see it on their faces and in their cute smirks. On that day they were big and felt very important. My husband and I do our very best to teach our kids how important it is to save their money or to save {some} of their money. When they earn money or get birthday money we have them put some of it into their own savings accounts. We want them to know how important it is to save and that you are never to young to start and learn early. Now a days money is like gold every penny is so valuable. Both my husband and I want our children to know that and understand that now, and not later. While its important they be kids and get to use some of their chore or birthday money, its even more important that they save for a special event, journey in their life, or to continue to save for those Uh’ Oh’ moment’s in life. The kind of times we have all been faced with. I love that my older kids have savings accounts, and that they are proud to have them too. When we can’t get to the bank in town right away, we use their good Ol’ Piggie Bank’s. Both My husband and I will continually encourage them and continually teach them the importance of money and to do your very best to save and pay yourself first.
Here is the picture of the day we took the older kids to the bank. They are sitting in the office of one of the bank employees getting their accounts opened.
I was selected for this sponsorship by the Clever Girls Collective. To learn more about BMO Harris Bank, visit their website http://bmoharris.com/parents.
Hi there friend, great post, i’m kind of new on blogger and i’ve made a post about saving money too, i would be really grateful if you just took a quick look at it, thank you!
http://www.midnightconceiver.com/2011/11/saving-money-is-easy.html
So as an adult, do you follow the same rules and if given a monetary gift (gift card or cash/check) put a percentage of it in a savings account?
I just don’t see that gifts should be part of mandatory savings. 🙁