‘Tis the season for GIVING! So, it’s the perfect time to think about teaching your child important money values with a holiday gift that teaches to SPEND, SAVE, and GIVE with common “cents”.
It’s important to teach money values right from the start. The award winning Learning Cents Bank is a great tool to empower children to make good spending, saving, and giving choices. With this bank, which is not your typical Piggy Bank, you can guide your child in handling money responsibly. The three large color-coded compartments are labeled as Spend, Save, and Give and allow your child to organize their money and see where it goes.
Each Learning Cents Bank comes with a dry-erase pen for keeping track of money on the three dry erase lids. Alphabet stickers are also included for your child to personalize their bank. A parent brochure with teaching tips is also included.
My children got very excited about their Learning Cents Bank right away. Anytime they get money (allowance, birthday, etc.) it becomes a great lesson and they enjoy adding it to the bank. My children used the dry erase marker to write down their goals on the lids. For the Spend part of their money, they wanted to earn money to buy some books. For the Save part, they were going to have us put that money in the bank for them. For the Give part, they were going to give the money to church. I think the Give part of the bank is especially important during the Holidays. Children can set aside money to give to church, a food pantry, or other charity. I know my children always ask about the people ringing the bells outside stores when they go holiday shopping. Well, now my children will have some of their own money to give to this and other charities and that’s an important lesson. When you have the Learning Cents Bank, it is also a great time to introduce conversations on allowances and chores. Perhaps they could do extra chores this time of year so that they would have more money to share with others in the form of gift giving and charitable giving.
Let the Learning Cents Bank become a meaningful way to make money make sense for your family!