It seems that I am experiencing the cliche about how fast your kids grow up. I think with my oldest, I did not “mourn” her growing up because I had two little ones at home. When Chelsea was in college, I had one in 3rd grade and one in Kindergarten, so I was not as acutely aware of her reaching adulthood. Caitlin is almost 15 and we have broken down and let her have a fun with limited minutes and features. I decided it was time to open the subject of money management and why it is so important. My mom did not have this talk with my sister and I and we were completely unprepared for being smart about money. Here are some really solid tips to help you teach your kids how to handle money and it isn’t too early to start!
- Start Talking: The best way to being the lessons about money management is to talk to your kids about it. Ask them questions to determine where they are on the subject and then encourage them to ask you questions. Find opportunities to talk about money like going shopping or to the bank or ATM.
- Giving: Encourage your kids to give money to others when they have the chance. This may be as simple as dropping a few coins in the Salvation Army kettle or giving to a favorite cause like the Humane Society.
- Allowance: The best way to teach kids about money is with real world responsibility. Once kids earn an allowance, they can now save for an item they are dying to have instead of relying on you to buy it for them.
- Open A Savings Account: Most banks will allow kids to open their own savings account with a parent’s signature. This is a great way to let your kids see what a bank does and what they do with their money.
- Create A System: If you are not ready for the bank, set up a money system at home. You just need a few simple items to get your kids ready to start. All you need is one container of each: saving, spending and giving and the percentages each should get. The Money Mammals is a cute way to teach your kids about money which helps them learn and have fun doing it.
Fun Ways To Teach Kids About Money
Coming up on February 25-March 2, America Saves Week begins, so it is a perfect time to get your kids to start learning about saving money. The 3 jar system, which is used for saving, spending and giving, is a way that kids can see how their money is growing. By using 3 clear jars which are labeled, your kids can instantly see how much money is stacking up on their jars. John Lanza started The Money Mammals and with the simple system, parents can use the fun ways to teach kids about money. I was sent The Money Mammals Money Kit For Your Family which includes the jars, as well a a DVD, a book called Joe the Monkey Saves for a Goal and as well as a CD. Henry really liked the book and thought Joe the Monkey was hilarious and he got a huge kick out of putting his money into his jars where he learned to “Share & Save & Spend Smart Too”. I like the simplicity of the system together with the likable characters and how relateable they are to kids. I think they have a huge part to play in the success of kids being so interested in the program. You can purchase the kit online at the Money Mammals website for $39.99, but you can also buy the jars, books, and CD’s separately as well.
Allowance Magic by David McCurrach looks very interesting!
I like Joe the Monkey Learns to Share.
I KNOW AN AUTISTIC CHILD NAMED GUISSEPPI AND HE COULD USE THIS PRIZE AND HE IS SLOWLY LEARNING AND LOVES HIS IPAD THESE BOOKS I KNOW WOULD DO HIM GOOD.
The Money Mammals For Your FAMILY! Kit is my favorite
The Money Mammals Teaching Kit
the bank kit 🙂
Bank Savings Kit
I like the The Money Mammals For Your FAMILY! Kit.
Saving money is Fun CD sounds awesome!
I like the The Money Mammals Teaching Kit
jofo120 at yahoo dot com
Share & save & spend smart… right now our Grandson is saving for a trip to Disney World – he doesn’t know when or if he’s going to get to go, but wants to make sure he has spending money IF he gets there, Lol!!! Thanks for the chance…..
I really like Share & Save & Spend Smart” Bank Kit
the money mammals dvd
My favorite product is The Money Mammals For Your FAMILY! Kit.
I think my son would love the Money Mammals Dvd!!
I too like the bank savings kit
vmkids3 at msn dot com
The Bank Savings Kit. Great way to teach children to save money.
Joe the monkey lives to share is so cute!
The Money Mammals for your FAMILY! Kit looks really good.
I like the new bank kit 🙂
Allowance Magic
i really like the bank kit
I like the The NEW “Share & Save & Spend Smart” Bank Kit
While all the products work together in helping parents guide their children, the book Joe the Monkey Learns to Share caught my attention more so than the one where he learns to “save for a goal” because charitable giving is not a concept easily understood by many especially when the results may not be tangibly discerned, yet is a concept well worth embracing!
the bank kit
I like the The NEW “Share & Save & Spend Smart” Bank Kit
The Money Mammals For Your family!
The Money Mammals For Your FAMILY! Kit my girls would love that!!
I like the The NEW “Share & Save & Spend Smart” Bank Kit
The Money Mammals For Your FAMILY! Kit
I like Joe the Monkey loves to share. Thanks for the giveaway!
I like the money mammals – saving money CD
share save and spend bank kit
I like the Learns to Share book because our family puts a lot of emphasis on charitable giving!
I like the The Money Mammals Award-Winning DVD
Love the The Money Mammals For Your FAMILY! Kit ! thanks for the chance!
joe the monkey learns to share would be great for my grandson
I like the The NEW “Share & Save & Spend Smart” Bank Kit
The NEW “Share & Save & Spend Smart” Bank Kit
Joe the Monkey Learns to Share
The Money Mammals For Your Family Kit
bank kit
share and save spend smart kit
I like the The Money Mammals For Your FAMILY! Kit.
Money Mammals: Saving Money Is Fun CD
SKU: MM-013
The NEW “Share & Save & Spend Smart” Bank Kit
The NEW “Share & Save & Spend Smart” Bank Kit.
I like The Money Mammals For Your FAMILY! Kit
I like the The NEW “Share & Save & Spend Smart” Bank Kit
My favorite is the Money Mammals: Saving Money Is Fun CD.
I like the Joe the Monkey Saves for a Goal (Picture Book)
I like the The NEW “Share & Save & Spend Smart” Bank Kit.
the “Joe Saves Money for a Goal” book would be useful in the house
I like the “Share & Save & Spend Smart” Bank Kit
The money mammals teaching kit really looks awesome!
I also like the book “Joe the Monkey Saves for a Goal”.
I like Joe The MOnkey Saves for a Goal.
Joe The Monkey Learns to Share
I want the monkey products for a grandson
I like the money mammals teaching kit 🙂
i also would have to go with The Money Mammals For Your FAMILY! Kit
I like the The Money Mammals For Your FAMILY! Kit
money mammals family kit
monkey mammals
Looks like a great resource! 🙂
Any of them….They all are teaching tools that are wonderful!!
Joe the monkey saves for a goal. What a million dollar idea. A great way to teach kids who are growing up in a world of entitlement!
The Money Mammals Teaching Kit
I like the Money Mammals for your family kit.
My fave product – Joe the Monkey Saves for a Goal
Book. Those jars are awesome
I like the Money Mammals for your family kit.
I like the Money Mammals For Your Family Kit
The Money Mammals Teaching Kit
I really like The Money Mammals For Your FAMILY! Kit
SKU: MM-015
I love this, so creative and neat!! The money mammals for your FAMILY kit looks really cool! The link is here –
I love this, so creative and neat!! The money mammals for your FAMILY kit!
we would love the Joe the Monkey Learns to Share (Picture Book)
Joe the Monkey Learns to Share (Picture Book)
Allowance Magic by David McCurrach
I like the “Share & Save & Spend Smart” Bank Kit
The Monkey Mammals For your family kit
The Money Mammals For Your FAMILY! Kit
I Like The Money Mammals
i like the money mammals for your family kit
My daughter has a young one who will be old enough to start learning to budget soon enough. I think The Money Mammals For Your FAMILY! Kit is perfect for young families.
I like the Money Mammals For Your Family Kit:
I love the The Money Mammals For Your FAMILY! Kit!
I definitely like the book
I also like the book, “Joe the Monkey Saves for a Goal (Picture Book).”
I like the The NEW “Share & Save & Spend Smart” Bank Kit 🙂