Carrots Are Orange

Montessori Parenting & Learning

Home » Parenting » Money Management for Kids – A Tip to Help Teach Saving

Money Management for Kids – A Tip to Help Teach Saving

This post may contain affiliate links. See my disclosure for more info.

Do you have a child ready to start to save & spend his own money? Teaching kids money management is not an easy task. Saving is especially a tough nut to crack.

But it is important. We can agree on that fact.

Where do you start teaching kids about money? Feel a bit lost?

Yeah, me, too. 

Saving

Well, here is good news!

Here is a fun way to start helping your kids learning about money. Use the adorable “I am Saving!” printable found below to help bring home the idea of what it means to save for an item. Delayed gratification is not an easy concept to teach kids. Use these labels to help you. Print out on sticker paper to affix onto a box or jar or bank to remind the child of his goal.

Related Read: 4 Fantastic Ways to Teach Your Child How to Save Money

I struggle with trying to find a balance between giving my kids everything that I did not have and teaching them gratitude and delayed gratification.

Can you relate?

What do you do when a child really wants an item from the most recent Lego catalog? or want to attend a friend’s birthday party with a gift?

Related Read: Teaching Kids about Money – 6 Tips & Activities

Here is the deal Teaching Kids Money Management

Kids like tangible. Kids like concrete.

  • Decide on an allowance (if any)
  • Ask the child to collect any funds he has received from birthdays and holidays

Money Saving Cards

  • Print out this “I am Saving!” printable on sticker paper
  • Affix the label on the “bank”, preferably one the child can see through
  • Update weekly or daily depending on your child’s see of urgency!

saving piggy bank

Awesome Tools to Teach Kids Money Management

I wish you luck my friend. Teaching kids about money doesn’t happen overnight. It is a process that happens over the years.

Best,

Marnie

Get Your Dose of Montessori Goodness

Directly & Seamlessly Delivered to You. Let me do all the work.

We promise to take care of you. Unsubscribe at any time. Powered by ConvertKit
Marnie Craycroft

About Marnie Craycroft

Marnie hails from Maine where she spent summers buried in sand and winters buried in snow. She is the daughter of a nearly four decade veteran of the public school systems. Teaching has always been a part of her life. She founded Carrots Are Orange in 2010.

Carrots Are Orange is a Montessori learning and living website for parents and teachers.

Marnie graduated from Wesleyan University in 1999 with a BA in Economics. She spent nearly a decade working in investment management. In 2006, she earned her MA in business from the University of Washington’s Foster School of Business.

Marnie moved to the west coast in 1999 and currently lives in Boulder with her husband and three sons. She is Montessori trained. Her work has been featured on Apartment Therapy, Buzzfeed, PBS Kids, BabyCenter, the Melissa & Doug blog, Huffington Post, and WhattoExpect.com. Besides writing, passions include running (usually after her three sons), photography, and outdoor adventures.

Leave a Reply

Your email address will not be published.