Sunday, June 26, 2005

Adding up the pocket change

Looking for a simple way to put a few hundred dollars aside and teach your kids about savings?

At the end of the day, have everyone in the house, empty their loose change into a large savings jar or piggy bank and let it sit.

To ensure everyone is focused on this savings plan, set a fun goal for the use of the proceeds.

If you can resist the temptation of reaching in for extra change, over the course of a year your pennies, nickels, dimes, and quarters will add up to hundreds of dollars and provide you with a great opportunity to teach your children about how even small amounts of money add up.

You will even get to enjoy a special purchase that everyone can be proud to say they contributed to.


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