I remember when? Banks had these little coin holders. In my time! It was dime holders.I think you had to save about? $3.00 it would take to fill the book. It was a great way to start.
I think my mom bought a coin bank in the shape of a dog painted with flowers on it’s back. Anytime I wanted to buy a radio. My mom would remind me: “You know where that coin/dollar goes!”. And I did.
When I was in middle school. There was a teacher who was in charge of detentions. All the boys in the balcony would throw pennies onto the main floor. the teacher would pick them up. I asked him. He said: “those pennies do add up!”.
My mom had her own coin bank, she would put pennies in it as well. When it was full. She would get coin wrappers from the bank and put them in and take them to the bank for cash.
My mom worked for a rich family one time. The son had a huge piggy bank. My mom could not nor could I! Lift it!
The point I’m trying to make is! Saving! Is saving! Does not matter or how you save. Even as a kid or adult. Anyone can start saving money.
The Cleveland public schools back then. Had it where school children could bank at the school. It was in partnership with then Society national bank.
Teaching kids early! How to make each & every cent & dollar count! Will help them as they get older. Even after they hvae their first job! Help them to start thinking! Retirment plan!!!!
I knew a guy who said to me: “if there is something I want and cannot affort it right then & there!” “I save up for it!” “If I can’t?” “it was not meant to be!”.
Budgeting & saving 101 is the starting point for anyone young & old!