© Copyright 2004-2013 Niche Topics ™ All rights reserved  Terms & Conditions | About us | Sitemap  

 

  SIGN UP for our free newsletter

Share |

  LATEST posts

All things that are written on this website are about our experiences and what have worked for us, or general information only. We are not telling you to do any of those things mentioned and we do not endorse any products found on these pages. We simply want to share with you what has helped us. Hope that you enjoy reading our posts and please come back regularly to read more!

 

   Contact Us         Freebies       Share Ideas & Recipes |

 

  POPULAR articles

 

 

 

                                                                                                                                                                                                             

Home Money & Lifestyle Food & Drinks Health & Fitness Beauty & Wellness Pregnancy & Kids

 

 

Niche Topics (Pregnancy and Kids) is all about practical parenting advice and parenting skills to help you deal with common parenting challenges from toddlerhood to teen years. You’ll find tons of healthy food ideas and easy-to-make kids meals, fun activity ideas and creative crafts projects that kids love to do and play!

  QUICK links

Kids crafts and activities

Healthy eating for kids

Parenting tips and advice

Baby and infant care

Make baby and kids stuff

Pregnancy and fertility

Home

 

 

10 Nifty Ideas to Get Kids to Eat Fish

 

7 Popular Baby Gender Myths

 

Top 5 Healthy Peanut Butter Substitutes

 

5 Yummy Non-Fish Sources of Omega 3 Fats Meal Ideas

 

5 Fun Ideas to Keep Preschoolers Busy While You Cook

 

 

About Niche Topics
The Animal Rescue Site

 

 

How to Teach Kids to Save Money

 

 

 

By Martha Sanders

Many kids don't understand the value of earning and spending money these days. As parents, teaching your children the value of money is one of the most important lessons to prepare them into adulthood. You should help your kids understand the concept of money and saving as early as possible. Below are a few parenting tips to help you teach children to save money.

 

Fun Ways to Teach Kids About Money

1. Once your kids are able to count, that's the perfect time for you teach them the real meaning of money.  A great way to introduce them to money is by using toy money. Play shops with your kids; let them get used to the concept that money isn't exhaustible. Once money is spent, it's gone forever.

 

2. Always explain to your kids the value of saving money. Make them understand its importance and how it'll impact their life. You can talk about

 

 

3. The time when kids get a real feel of money is when they're given pocket money or allowances. You should give your children their allowances in denominations and then encourage them that they need to set aside a certain bill for the future.

 

You can motivate them by saying that with the money saved, they can buy a new pair of shoes or the toys they like.

 

4. You can also teach your kids to work for money. You can do start this at your own home. For instance, pay them fifty cents to a dollar every time they clean their rooms, do the dishes or for good behavior. This way, kids will learn that money is something which they have to work for and should be spent wisely.

 

5. You can teach children to save money by giving them piggy banks or jars where they can put coins and wait until they get full.

Or, you might want to consider savings accounts. Many banks help kids with the learning process by providing accounts specifically aimed at kids and promoting the benefits of saving money.

 

6. You may want to match savings. For instance, for every dollar your kids save, you can put in a matching contribution to encourage them to save money. Praise them for any amount of savings, no matter how small.

 

7. Be an example and save money in front of your kids. You can deposit money in the bank with your kids and explain what you're saving for. Your kids are very likely to mimic your actions.

 

While the road to understanding money and saving isn't always an easy one for kids but if you're patient and consistent in your guidance, your children should be able to learn to save money over time.

 

fun ways to teach kids about money

How to Discipline Kids Without Spanking

Is the old saying "spare the rod and spoil the child" really true? Raise good kids without hitting or yelling.

 

6 Fun Ways to Motivate Kids to Do Chores

Household chores teach kids responsibility and life skills. Discover how you can get your kids to do housework, and keep them interested every time.

 

4 Mom-Tested Tips to Teach Kids About Hygiene

Know why personal hygiene is important to kids' health and learn how you can educate kids on hygiene.

 

11 Creative Ways to Get Kids to Brush Teeth

Find out how you can get kids to brush their teeth and make brushing teeth a fun activity everyday.

 

Fun Ways to Teach Kids Multiplication

Times tables are a fundamental building block of math. Discover tricks to help kids learn multiplication easily.

 

Best 10 Gift Ideas for Kids

Find great gift ideas for kids birthday or Christmas that can help they learn and grow.

 

7 Easy Steps  to Plan a Great Kids Party

Fun and creative ideas to help you plan the best kid's party (any occasion) ever! Your little guests are sure to  remember it forever!

 

7 Super Fun Family Exercise Ideas

Make exercise fun with inexpensive fitness activities to get your whole family moving and laughing, and into shape in no time!

 

10 Cheap Family Entertainment Ideas

Having fun with your family doesn’t have to cost a bomb. Get ideas and activities for the whole family that are super affordable or even free!