Lately we have been talking about kids and finances. There was this whole post on Teaching Kids About Money: Setting Goals and this post about Teaching Kids About Money with Two Piggy Banks. We have discussed the very basics of kids and money. At the end of the day, most kids will have money and they will want to spend that money on something. Without a goal kids will spend a little bit of money on this crappy toy and a little bit of money on a piece of candy and a little bit more money on some other small item. We have to help our kids set and reach financial goals. This printable savings chart for kids will help do just that!
This chart allows the child to fill in their goal (“I’m saving for: ______________”) and to record the date and deposit amount. Wait a minute, deposit account? Does that mean we have to use a savings account at a bank of credit union. Absolutely not. You can set aside a pencil box, piggy bank, or envelope as a place for special savings goal deposits. Then they will be able to add the most recent deposit to their previous total. In the rocket you will fill in how much is 25%, 50%, and 75% of the savings goal. As your child reaches the goal he/she can color in the rocket as a visual representation of how much more money they still need to save.
FREE Printable Savings Chart for Kids
{CLICK HERE} to download your very own free printable savings chart for your kids. There are two versions available to rp
What big ticket items have your kids saved for or what do they plan on saving for? Let us know in the comments.
See Also:
Allowance: It’s For Adults Too!
Responsibility and Chore Chart for Kids with Printable Chore Chart
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Leandrea is a married mom of two girls, ages 13 and 12, living in Atlanta, GA. She is passionate about helping people save money one coupon at a time. Read more
[…] Create a chart so your kids know how much they need to save. Then, as they save money, amend the chart so they know how near they are to their saving goals. If they unwisely decide to blow some of their savings on chocolate or apps, they will see the damage it has done to their saving target. This will hammer home the point that it’s better to save for the things they really want rather than waste money on things that aren’t that important. […]