Latest News / Teach kids about saving with these helpful resources
Teach kids about saving with these helpful resources
March 20, 2020
From the first moment parents put a coin or bill in their child’s piggybank, they are demonstrating the value of managing money. With National Financial Literacy Month approaching in April, parents of school-aged children can help their kids learn about money and set and achieve future financial goals. National Teach Children to Save Day falls on April 24, 2020.
Several organizations provide educational resources available for parents to help children learn about money management in a fun and interactive way.
The Road to Financial Responsibility: Pointers for Parents at Every Stage
This colorful and interactive roadmap from the American Bankers Association gives money management tips for children who are pre-school-aged through 12th grade. These include visiting the bank to gain and understanding of depositing money and making basic transactions, to earning money through simple jobs and how to save, to budgeting, to identity theft and more.
Money Adventure Mobile App
This interactive app from the U.S. Currency Education Program is a fun way for students to learn about the security and design features of Federal Reserve notes. Money Adventure has two primary components—a note front explorer and a note back explorer. In the note front explorer, students can tilt and tap an interactive $20 bill to discover its unique features. In the note back explorer, students team up with Buck the Time-Traveling Dog on a quest through the historical events illustrated on the back of U.S. currency. To download Money Adventure on your Android device, visit the Google Play Store. To download Money Adventure on your iPhone or iPad, visit the Apple App Store.
Money as You Grow
The Consumer Finance Protection Bureau provides several resources to teach children about financial management—including earning, saving, planning, and shopping. The site provides interactive games, activities, book suggestions, and more so parents can help set the foundation for financial responsibility in their child’s future.
For more information on Centier Bank’s Financial Literacy resources, click here.