It’s never too early: 5 fun ways to boost your kids’ savings

By making the experience enjoyable, kids will remember this as a valuable life skill — one that motivates them and carries into adulthood.

[{"selector":"#anim-e6047d9b-2d40-4a35-a3d5-da5f15a9c06a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d38d1aea-eb90-4871-a905-304f82c6291b","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Whether you call them piggy banks, money jars or coin collectors, these tools offer a tangible way for kids to grasp the concept of financial management.

[{"selector":"#anim-23287829-5a81-487c-a632-de004023bdb1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8b9aa27c-792f-4345-8b0d-a5349f414271","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Start a kid-friendly budget

[{"selector":"#anim-d32e6e6e-2b99-41fa-afec-80752b329039","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e4e17a54-b5e6-4bc6-a8dc-32fc86940122","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Medium Brush Stroke Learn more

Kickstart a savings challenge

[{"selector":"#anim-317412d6-46e0-446e-94b9-e38c5f98801c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-06164eb5-c64a-4274-ab26-587b2dc7258a","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Encourage your child to save with an exciting savings game. Offer to match their contributions dollar for dollar or offer a set amount like $0.50 for every dollar they save.

[{"selector":"#anim-b8e52c38-b1ab-4af0-9538-6b2fffbcc582","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1923421b-837f-4789-a321-13a7a11159a8","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Medium Brush Stroke Learn more

SWIPE UP NOW TO READ MORE!

[{"selector":"#anim-41a6c19c-237f-41ae-bdc7-1913461db9a8","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-91f229ba-f776-4ae2-b444-ede961e67f1a","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

[{"selector":"#anim-2233e89d-9dfd-40ed-89c5-0fefa61212ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-978d8d37-ad29-4d20-8b41-da9f854e164d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b785b69-eab7-4e36-9ec8-973548553096","keyframes":{"transform":["translate3d(0px, 99.16371%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aba1a584-c997-4faf-8d87-ffb6b35cc920","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] 3 essential things you need for estate planning 5 insurance moves to make if you’re getting divorced in your 50s

It’s never too early: 5 fun ways to boost your kids’ savings

By making the experience enjoyable, kids will remember this as a valuable life skill — one that motivates them and carries into adulthood.

Whether you call them piggy banks, money jars or coin collectors, these tools offer a tangible way for kids to grasp the concept of financial management.

Embrace the three-jar system – aka Piggy banks

Start a kid-friendly budget

It can be a creative and fun way for kids to grasp the concept of financial planning and saving, albeit on a smaller scale.

Kickstart a savings challenge

Money-saving challenges are a great way for adults and kids to build their savings. The easiest way to begin one is by starting with a single penny.

Encourage your child to save with an exciting savings game. Offer to match their contributions dollar for dollar or offer a set amount like $0.50 for every dollar they save.

Create a fun race to save

SWIPE UP NOW TO READ MORE!

Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

READ MORE