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Instead of taking them from him.. 4 tips for teaching a child to save money

Amman Today

publish date 1970-01-01 03:00:00

Children get a lot of money as a gift from family members during the Eid al-Adha period as well as during Eid al-Fitr, and this money may be spent on buying useless things, so some mothers are keen to take the gift from them, and here the parents must teach the child the importance of money and how to save it through Follow several tips that we review in this report.alliantcreditunion“.

Tips for teaching a child to save money

Start with a goal of saving

It may be difficult for a child to understand the value of money and saving it, so the parents should talk to him in a simple way about its value and importance, such as that money is important to buy our needs, such as the child dreams of buying a bicycle, so the money in this case is important and must be saved to buy the bicycle.


Teaching the child to save Eidiya

Prepare a transparent jar instead of a piggy bank

It is advised to avoid buying a piggy bank, and to prepare a transparent glass jar instead, for the child to save his money in, so that he sees the result of his savings every day and gets more excited to save more money, and when collecting an amount over time, the child can be taken to the bank and open a bank account of his own, which encourages him to save Money from the upcoming Eidiya or even from his personal money.

Teach your child to save money
Teach your child to save money

Talk about value for money

You should talk with the child about the value of money and its importance in our lives and help the needy, by donating a portion to charitable organizations, by accompanying the child while going to donate so that he gets used to it.

Teaching the girl to save money
Teaching the girl to save money

Set a good example

Parents must set a good example for their children, by setting a plan in front of them to spend money, buy home needs, provide an emergency fund, and save money in it so that the child grows up on that and understands the value of money and its importance to him.

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Source : اخبار الاردن

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