New Teach Children to Save Kits Are Worth the Weight!
To help bankers educate their future customers, the ABA Education Foundation developed new Teach Children to Save resource kits, which are much different from our previous kits of the same name. The new kits are full of information—so full that they are now separated into two boxes, one for grades K – 6 and one for grades 7 – 12.
The kits include everything a banker needs to host a successful presentation for students, from planning stages to gathering post-presentation feedback.
Each kit begins with Banker Resources and Communications sections. The Banker Resources section includes a short introductory letter to bankers with usage guidelines, presentation planning checklists, photo release forms, evaluations to fill out at the end of the program, and ideas to kick off your program.
The Communications section includes a sample approach letter to educators, sample press release and media advisory, and other vehicles to promote your event and get your bank in the news.
For more information and to order a Teach Children to Save resource kit, call 1-800-BANKERS.
A System for Saving Your Money
Savvy saving can start at any age. Help your children learn about money with "Beginner Budgeting" from the ABA Education Foundation.
Best-selling author and ABA Family Finance Adviser Neale Godfrey recommends helping your child split up any money he or she earns, receives, or even finds. Show them how to divide their money using the "10% - 30% - 30% - 30%" system and put it in four separate, labeled containers. Clear jars are best. This makes savings visible and real. After all, everyone enjoys watching their money grow.
• 10% Charity - Take 10% off the top to share.
• 30% Quick Cash - Use this 30% for instant gratification.
• 30% Medium-term Savings - Save this 30% for 1-6 months to purchase something special.30% Long-term Savings - Use this 30% for important things in the future, like college.
