National Teach Children to Save Day
Today is National "Teach Children to Save" Day, sponsored by the
American Banking Association. It is never too early to start teaching
your children about money and the importance of saving.
Begin by giving your young child a small weekly allowance and
explaining the concepts of saving, spending, and giving. Providing a monthly allowance to an older child is one way to teach budgeting
and money management. For more information on How to Teach
Your Children About Money, visit the Childhood section on
the 360 Degrees of Financial Literacy site.
April is Financial Literacy Month, so take steps to ensure your children know to handle their own money wisely. Visit www.FeedthePig.org for more money-saving tips.
