Friday, 7 Oct 2011

Introducing Kids to Saving

Introducing kids to saving is important for three reasons –

1 – It will help them develop smart money habits.

2 – It will help them develop a saving and asset building “mentality-mindset”.

3 – Kids are underexposed to the language of saving (as opposed to the language of consumption).

Consciously or unconsciously, the vast majority of language both kids and adults are exposed to as it relates to money is overwhelming about spending-consumption. This includes school books, that when they do include dialogue or problems about money, normally it is about “buying” or “purchasing” items.

 At any income level, but particularly lower levels, where the allocation of every penny, nickel, and dime are critical, “Saving” and “Asset Building” need to be beginning thoughts (or priorities, if you will) as opposed to after thoughts. As the author’s father and mother reminded him habitually, which is why he feels so passionately about early financial education, if we have money for sodas and slurpees than we have money for saving and education. Son, if you want to exchange your future for a soda, you will have that opportunity at 18.

The Language of Saving is a 32 page booklet that introduces and explains 34 key saving and money words like: saving, habit, plan, earn, deposit, want, need, prepared, grow, compound, etc.

It does it in a manner that makes it easy for parents, teachers, adult trainers and caregivers to explain to kids and for them to understand. The booklet targets children ages 4 to 7 (pre K to 1st grade) as well as new language learners of all ages. 

The book can be used on its own or combined with Sammy’s coloring book (Saving is a Great Habit) and Sticker Set – as all the vocabulary comes from those two items.  Using these items in combination will provide additional context and reinforcement for kids to grasp the meaning of words.

For questions, or to order, you can contact Sammy at

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