Tuesday, January 1, 2019
Teach Kids about $ -- Start Saving 1¢ a Day
It's never too soon to start kids on the road to learning about money. There are some easy ways to do this just using pennies to start.
Challenge 1:
Save a penny everyday. When kids are young even pennies seem important. Place a penny in a bank or other container everyday and watch them add up by week, month and year. Kids will appreciate seeing the volume of coins as it grows.
Challenge 2:
Increase the amount by +1 everyday. On the first day put in one penny, on the second day two, on the third day three. In a year you will have $667.95. Pennies really do add up!
For each challenge you can have kids keep a weekly balance sheet to show how much you have saved.
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