You’ll enjoy watching your kids

make smart money choices!

Essential Tips For Raising

Start your child (four and older) with a three jar system and label each jar Share (for charitable giving), Save and Spend Smart. Make your own jars or get them through our website. Whatever

you do, make sure the jars are CLEAR. Kids need to see their money for maximum impact.

Three Jars ARE Better

than One! 1

Have your child find some-thing he/she would like to purchase that will take several weeks of allowance

to buy (a scooter or a pair of shoes is a good start). Have him/her draw or cut out a picture of that goal

and affix it to his/her Save jar. This is a proven method. Your child will likely grasp the concept of

saving for a short-term goal, whereas the concept of “saving for a rainy day” is too abstract for a young child.

3

3 A Money-Smart

©2015 Snigglezoo Entertainment. All Rights Reserved.

www.themoneymammals.com

Money Mammal

SET SAVINGS GOALS!

®

Start an allowance at four or five. We’ve all heard financial advisors talk about the importance of paying ourselves first. Use your allow-ance program to teach your kids a valuable life lesson by making sure your child puts at least some of his/her allowance into the Save jar. And don’t forget the Share jar. For example, start your child with four quarters (or four dollars) a week, and make sure they put one quarter (or dollar) into both the Save and Share jars. Then let him/her put the rest in any of the three jars. You may be pleasantly surprised by your child’s deci-sions, particularly if you’re setting goals (see #3). Relin-quish more and more control as your child grows older. Want a simple but thorough allowance plan? Try David McCurrach’s Allowance Magic book, which is available on

our website.

The Money Mammals DVD was recently touted in the

Wall Street Journal as a tool that teaches kids

2 ALLOWANCE IS AWESOME!