Teach Kids to Save Day: Building Financial Skills Early with Casey State Bank

April 24, 2025, marks Teach Kids to Save Day, an annual event dedicated to helping young people develop smart saving habits. At Casey State Bank, we believe that financial literacy starts early, and teaching kids how to manage money is a valuable life skill that sets them up for future success.

Why Start Early?

Kids are naturally curious, and financial lessons learned at a young age can have a lasting impact. By teaching children the value of saving, budgeting, and making thoughtful financial choices, parents can instill habits that benefit their kids well into adulthood.

Tips for Teaching Kids to Save

Here are a few practical ways to introduce financial concepts to your children:

1. Make Saving Fun: Use a clear jar or a digital savings app designed for kids to visually track their progress. Seeing their money grow encourages them to save more.
2. Set Simple Goals: Help your child choose a small goal, like saving for a toy or a fun activity. Break it down into manageable steps so they can see how saving a little at a time adds up.
3. Introduce Allowances: Consider giving a small allowance in exchange for completing chores. This teaches the connection between earning and saving.
4. Lead by Example: Kids learn by watching. Show them how you save, budget, and make financial decisions. Involve them in small discussions about family finances, like grocery budgeting.
5. Teach the Difference Between Wants and Needs: Help children understand the concept of prioritizing essentials over extras. Use real-life examples, like distinguishing between buying snacks versus saving for a bigger purchase.
6. Create a Savings Challenge: Make a game out of saving money. For example, challenge your child to save a specific amount by the end of the month, and celebrate when they reach their goal.
7. Use Storytelling: Books and stories about saving and money management can make financial concepts relatable. Choose age-appropriate stories that introduce saving and spending wisely.

Visit Casey State Bank Together

Bring your child to the bank to open a Junior Savers Account. Our friendly team can help explain how saving works and get them excited about managing their own money. Plus, starting a savings account at a young age encourages responsibility and financial awareness.

Casey State Bank: Your Partner in Financial Education

As a community-focused bank, we’re here to support families in teaching financial literacy. Whether you’re looking for savings account options for kids or financial tips to share at home, our team is ready to help.

Celebrate “Teach Kids to Save Day!”

Take advantage of this opportunity to start conversations about money with your kids. Let’s work together to build the next generation of smart savers! For more information about “Teach Kids to Save Day,” follow the hashtag #TeachChildrenToSaveDay on social media or visit the American Bankers Association’s website for training materials and further insight!