Posted On: April 11, 2023 by Prevail Bank in: Banking

Teach Children to Save

April is financial literacy month and this year we are excited to offer even more resources and opportunities than last year!

Once again, we are participating in the Teach Children to Save program.

Saving is a great habit and a powerful tool to develop at a young age. Saving helps teach discipline and goal setting which are important life-long habits.

How can I teach my child/student about saving?

Use a piggy bank or jar to start saving money what they are saving for.
Take a trip to your bank or credit union with them to make a deposit.
Talk to them about why you put money in your account.
Use every day experiences, such as grocery shopping, traveling or paying bills to talk about money and saving.
Anytime is the right time to teach children about saving money.