Save, Spend and Share : Stephanie Graves

With the holidays approaching, now is a great time to teach kids about thankfulness, and part of that is learning how to share. Part of being able to share is learning how to budget money. A lot of times, kids don’t learn very much about money during school (unless we come teach their class a learn.grow. lesson!, so it’s a good idea to help them understand about budgeting and saving at home. It’s never too early for them to start learning, either.

If you’re looking for ways to teach your kids about money, we have a great financial craft for you! This craft is fun, engaging, and really easy.

You’ll need:

  • 3 jars or 3 Tupperware containers per child (get creative here; you could even use empty tissue boxes!)
  • labels
  • markers
  • stickers, scrapbook paper, etc.

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During the craft be sure to explain each jar’s purpose. The child will have to split up their money between saving it, spending it, or sharing it. Explain why saving is a good idea in case of emergencies or for future needs. Explain why spending money needs a goal in order to stay within a budget. Explain what sharing their money can mean to other people. For example, donating money to a charity can help many people in need. Help them decide what would be best for their money. You’ll always want goals with your money and make sure to help them set those goals.

A great thing about this craft is that it’s super simple and doesn’t take long! It’s the perfect after-school or after-dinner activity, and it’s a great lesson for children to learn. Be sure to encourage them to keep using their jars months after they’ve made them.