Save from childhood, what can you do? see 7 ways to train it here

Saving is a positive habit that needs to be taught from childhood. There is no need to use methods that are too rigid to get children to have savings. You can teach your baby to start “investing” small in an interesting way through daily activities. How to?

Know first what is the importance of saving from childhood

It is likely that everyone will be faced with financial problems in the future. As parents, you certainly want your children to be able to deal with their financial problems well later. By instilling the habit of saving money from an early age, your child will be ready to manage their own finances because they have been taught since childhood.

According to Parents, young children can be taught to start having savings at the age of 3 years because at this age children already know and understand what money is.

How to teach children to save from childhood

You don't always have to give pocket money how to teach children to save directly. Even though in elementary schools in general the teachers have provided daily savings facilities, there is still no harm in teaching children to save money as early as possible.

Parents still have the responsibility to teach their children to save. The reason is, there are various possibilities that children get their own money at special moments such as Eid or Christmas, when eating snacks with older family members, from the allowance you give, or reward money for your child's hard work (for example, like helping tidy up toy).

How to? Check out the following tips.

1. Introduce the concept of saving first

Before teaching how to save money, parents should first explain what money is and what the purpose is to save money. First, you can explain that money is a medium of exchange and a means of paying.

Explain to your little one that if he wants to buy something, he needs a sheet of paper called money to be exchanged for the item he wants. Explain in a simple way such as, "If you want ice cream, you must have money and exchange the money for ice cream, OK?"

Now, when the child understands the concept of money, then introduce the concept of saving. Tell your little one that to be able to buy what he wants, for example ice cream, you have to save enough money first.

You could explain that saving helps realize what your children want. The key is that he has to collect and save money little by little. When enough money is collected, then his wish can be achieved.

Also tell him that he can get some savings from you, don't ask or take from other people.

2. Practice saving while playing

Children need practice to be able to save money. So that, parents can play saving tube with their children. For example, suppose you and your child are playing the role of seller and buyer in a market with counterfeit money or toys. When the child acts as the buyer, give the child change of money.

Well, tell him the change from buying something must be saved. Do 3 to 4 times of buying and selling transactions with the change that the child has to save.

After the money is collected, then you explain that the savings from the purchase can be used for more important purposes.

3. Use a piggy bank

Young children usually like something that draws its shape. You can use a piggy bank with a cute shape or you can use his favorite favorite toy character to save coins. Use a piggy bank made of plastic without having a key opening. This prevents children from being tempted to take savings before the money is collected.

4. Invite to the bank to save

You can make the old adage that "fruit will not fall from the tree" you can make children want to save money for more meaningful needs.

You can spread saving activities by inviting your children to come to the bank when you have to deposit or take money.

Generally, children aged under five have started to imitate what their parents do. This can be a hidden trick so that children want to set aside the money.

5. Don't give up everything your child wants right away

Saving must be done because there is a purpose. If you are the type of parent who gives everything your child wants without him having to bother or even save money, the good is slowly starting to be reduced. Make children have to work hard, try, or even wait a while until their wishes are fulfilled.

For example, if a child wants to buy a toy, it is better not to just give it away. You can assign the child a task such as collecting an allowance from his pocket money, trying to help you wash your vehicle, or helping a mother shop at the market while being paid a fee afterward.

Now, by collecting wages for helping parents, children can be taught how to try and save while to achieve their desires.

6. Don't forget to teach charity!

The goal of saving is not just to satisfy your child to buy toys or buy your little one's favorite food. You can teach children valuable lessons through saving, for example by giving.

Explain, if you need to exemplify, that the savings that the child accumulates can be a way for him to help or help people who are in distress.

Tell the child that charity is also an activity that he must do and can get used to it from an early age.

7. Promise a reward

Sometimes the child's saving money is not that much, and it takes a long time to buy something he wants with the money saved.

To avoid boredom of saving money and prevent children from giving up, parents can give gifts to children at every stage of saving.

If the child's savings have reached 25% of the total he wants, you can give the child a gift so that he will be more enthusiastic about collecting savings money. This can be done until the child's savings are met.