Tips for raising a saver.
This great article from Forbes provides some excellent tips for getting your children off on the right foot with savings – and then keeping them on track all the way through their teens. Starting as early as age 3 with pennies in a jar and advancing through understanding “not having enough money yet,” to goal setting and budgeting, you’ll find some great tips to help educate children of all ages. Most of all though, children tend to model the behavior of their parents. And even parents need a little help on saving, goal setting and budgeting every now and then. Find ideas for helping your kids learn about money – and some great advice for adults too – at Greenpath.com, Cornerstone’s financial education partner.
Looking for that first savings account for your child? Try our Adventures in Savings account, the account that rewards young savers for meeting goals.