Involve Your Kids this Military Saves Week!

It’s never too early to teach the importance of saving to your children, and Military Saves Week is a great way to get children involved in savings! Along with teachable moments like having children save their tooth fairy money, or encouraging them to save a portion of their allowance in piggy bank, Military Saves Week can be a fun, teachable experience for your child to learn about the importance of financial planning. 

Last year, Military Saves Week Financial Institution award winners, Armed Forces Bank, N.A. of Fort Riley, Kansas and First Arkansas Bank and Trust of Little Rock Air Force Base, both sponsored activities that involved children in Military Saves Week. First Arkansas Bank visited installation schools, spoke to children about the importance of savings and handed out piggy banks.  Armed Forces Bank held essay and coloring contests at a local elementary school and worked with the Boy Scouts to stress the importance of savings. 

Why not involve your children in Military Saves Week 2014? The earlier you start teaching children, the earlier that saving will become a habit for them! Below are some ways you can involve your child in Military Saves Week, in addition to any activities that your installation or participating financial institution may sponsor: 

  • Download the “I’m Saving for” poster and have your child fill in his or her savings goal, then have them hang the flyer on their bedroom door, inside their school locker or have them tape the flyer to a notebook. 
  • If your child is 14 or older, have them take the Youth Savers pledge with a specific goal in mind. Their information is safe and will not be given to any third party organizations.

Use these resources to introduce your child to saving and to Military Saves Week. Military Saves Week can be a fun way to help children begin developing good habits, and a fun way to share the savings message. Whatever you decide, be sure to teach your child the Military Saves theme to Set a Goal. Make a Plan and Save Automatically!

More Articles on Youth 

New Study Finds Youth Have the Greatest Interest in Saving

Out of the Mouths of (Military Saves) Babes 

How Teaching Good Money Skills Early Pays Off in the Long Run

Tip of the Day

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    Make sure your financial advisor’s title is accredited, and that the he/she is qualified through a training program that holds its members to strict ethical standards.

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