As parents, you want your kids to grow up knowing how to save money. By making learning about money a part of their daily routine, young children learn how to handle money. When it comes to learning how to handle money, the key is starting early! As soon as kids know how to play make believe, you can begin with teaching them the basics of saving. But how can you teach your kids how to save? With these 5 tips you can make learning to save fun and easy for kids!

1) Pay your kids with fake money for ‘work’

Kids love to play pretend jobs such as a fireman or a doctor. It’s fun! Expand on this game by telling your kids about how adults get paid for the work they do and that they use the money to do fun things. You can expand even further by paying your kids with fake money for their ‘hard work’. The money they make they can exchange with you in return for candy or a fun activity.

2) Buy a nice money box

Learning how to save is much more fun when you can keep your pennies safe in a nice money box! Let your little one pick out a money box themselves. If they love it this encourages them to actually use it! Remind your child to save money by counting the money together every week.

3) Save up for something fun

Save money together for a family activity. This teaches your children that when they save, they get rewarded. Tip: Place a communal money box in the living where the entire family puts a little money in every week. When you have saved up a nice amount, the entire family goes on a fun family activity!

4) Saving competition

If you have more than one child there is nothing wrong with encouraging a little healthy competition! Make it a game where at the end of the week you check which child has saved the most pennies. To make saving up more attractive you can add an extra five euro price for the winner.

5) Play games that involve money management

Kids love playing games. To teach them more about money and saving you can play games that involve money management, such as Monopoly or Catan. But math games are also useful to teach your kids about money! Depending on the type of game, you can teach your child about saving and achieving saving goals.

More tips about teaching your child how to save? Read them here! Take a look in our webshop and shop the greatest money boxes for kids.