Teach kids to save with save, spend and share

For young kids, money they can see is easier to understand than numbers on a screen. Splitting money into three jars teaches saving, spending and giving all at once.

Set it up

1. Label three clear jars: Save, Spend and Share
2. Agree how money is split, for example half to Spend and a quarter each to Save and Share
3. Let the child pick a saving goal and draw it on the Save jar
4. Count the jars together every week

Ideas that help

• Offer a small "match" on savings, like a pretend bank paying interest
• Let them choose where the Share money goes
• When the goal is reached, let them buy it themselves at the store

General educational information. Costs and rules vary by family, school and state. Family Nickel Saver isn't paid by any bank, plan or brand.