Military Youth Saves — Parents

Parents, your kids and teens learn their savings behaviors from you. Participate in Military Youth Saves and help your kids secure their own futures. Learn saving strategies courtesy of Kidnexions.

Our Military Youth Eagle has a name... "Skyler, Soaring with Savings".

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Teachable Moments

The best way to teach kids financial literacy is in the context of their everyday lives. Here's this month's teachable money moment:

Help your child look for opportunities to earn a little extra money and learn some life skills along the way. Here are a couple of examples to get you started:

You notice the garbage cans at your work place (or workout facility or community swimming pool or...) always filled to the brim with garbage, including cans and plastic water bottles. Bring this to the attention of your child and see if she can help you figure out a way where you can set up your own garbage can and collect the recyclables. She'll need to present this to the owners and have a clear plan that includes pick-up days. Not only will she be earning a little extra money but she'll be learning how to prepare a short presentation...not to mention that she'll be helping the planet, too!

When it's time to clean out those closets and have a yard sale, instead of you organizing it, let your kids do it. They can even get the neighbors involved by having a block yard sale. Your kids will need to pick the day and times of the sale then "sell" it door to door to the neighbors. Once they have a "head count", they can collect money for advertising in the local paper. Guess who gets to write the ad for the paper? On top of earning a little extra money, but they'll be learning how to organize an event.