Everyday moments can be money lessons in disguise.
Whether counting coins, making a grocery list, or deciding how to spend birthday money, kids are watching—and learning. At Farmers Bank & Trust, we believe it’s never too early to talk about smart money habits.
In honor of Teach Children to Save Day, here are a few simple and fun ways to start money conversations at home. These ideas are designed for children ages four and up, and can be adapted as they grow.
1. Make Saving Visual
Grab three clear jars (or envelopes) and label them: Save, Spend, Give. Anytime your child receives money, encourage them to split it between the jars.
💡 Tip: Let them decorate the jars so they feel a sense of ownership!
This helps them see where their money is going and learn balance early on.
2. Give Them a “Job”
Even young children love to feel helpful. Create a simple chore chart and pay them a small allowance for completed tasks. This builds a connection between work and reward.
Example: 50 cents for feeding the dog, $1 for folding laundry, etc.
3. Set a Goal Together
Help your child choose something they want to save for—a toy, book, or outing—and draw a savings tracker together. This keeps them motivated and helps them practice patience.
4. Talk About Wants vs. Needs
Next time you’re at the store, make it a game: “Do we need this, or do we want it?” It’s a simple way to plant seeds of budgeting, even during errands. If your child or grandchild is preschool age through second grade, we have a fun coloring sheet to help with this! Download here: Needs vs. Wants Color Sheet.
5. Open Their First Savings Account
When your child is ready, bring them in to open a MyStart Savings Account at Farmers Bank & Trust. It’s designed for kids and allows them to learn banking basics in a safe, friendly environment.
Bonus: They’ll love watching their balance grow—especially with parental guidance!
6. Model Good Habits
Let them see you budget, save, and give. Whether you’re meal planning to stick to a grocery budget or giving to a local cause, share the “why” behind your money choices.
“We’re skipping takeout tonight so we can put that money toward our summer vacation fund.”
A Final Thought
Money habits are built by having one small conversation at a time. Start where you are, keep it light, and have fun with it. You’re not just teaching dollars and cents—you’re helping your child grow into a thoughtful, responsible adult.
Want more tips or ready to open your child’s first account?
Visit HERE or stop by your nearest branch. We’re here to help your whole family grow, financially and beyond. Find a location near you HERE.
