Ways to Save: Teaching Children

Studio 701

Dustin Bitz with Capital Credit Union explains important tips with teaching your kids to save their money.

Seven Simple Ways to Teach Kids to Save

  1. Let them earn their own money.
  2. Discuss wants v. needs.
  3. Provide a place to save.
  4. Have them track spending.
  5. Set savings goals & offer saving incentives.
  6. Act as their creditor.
  7. Set a good example & talk about money.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Top Stories

More Top Stories

Submit Your Smile Today!