I can’t believe 2017 is already over! Time flies when you’re having fun I guess. During the the holiday break I purchased my son’s first piggy bank. It is a Blaze and The Monster Machine Ceramic Piggy Bank. My son loves watching this cartoon and I wanted to find something that would excite him, while at the same time encouraging him to save. He is only three years old, but I want to instill the value of saving early on.
Growing up, I use to watch DuckTales and my love for money was born. I use to envision myself swimming in that beautiful money bin Scrooge McDuck had. I use to save as much loose change as possible and put it in my dresser drawer. I didn’t have a piggy bank. I could sit there for hours looking at that money. I would run my fingers through it. I know, I have issues. Just accept it, I have. My son also really likes the new DuckTales show (it is not as good as the original), and I want to aid him in anyway possible to develop his financial education. Always make it fun and relevant to their lives.
The piggy bank I purchased should help him learn some valuable skills. First, if he wants some spare change he has to work for it. We make him clean up his toys, help make the bed and put up his clothes. These are all minor things, but the idea is to ingrain a work ethic and knowing that nothing is free in this world. You have to work for it.
I hope that by saving money it will create discipline. It seems a lot of today’s generation lacks discipline. God, I think I am getting old since I am cutting down the new generation. But it does make me feel a little better about myself. Anyway, there is no doubt that saving is one vital lesson that every kid should learn. If I can create this self-control early and make saving fun, it will hopefully lay a foundation that will follow him for the rest of his life.
Are your kids money-wise? What are some of the things you will do or doing to help them learn about money? Your comments are always encouraged.