Save, Share, Spend Piggy Banks

Save, Share, Spend Piggy Banks, The Goddard School®

Teach your children how to be savvy with their money.

It’s never too early to teach your children about financial responsibility and the benefits of saving, sharing and spending money. Whether it’s a special treat they receive from the tooth fairy, money they are awarded for completing their chores or simply loose change that they find around the house, it’s time to get smart with what happens after they get the money. All children resort to happily stuffing their money away, but it’s important that they know what to do with it before stashing it in the bellies of their piggies.

It’s always a good idea for a child to have a piggy bank, but it’s time to revamp this old-school classic. Instead of putting all the money into one container, break it up into three parts, teaching your children how to spend, save and share their funds. Constructing a save, share, spend piggy bank is something that you can do with your little ones right at home. This project will help your children realize the importance of money and how it can be used in many ways.

You can use the Save jar as a rainy-day fund or for helping your children save money for something they really want to buy. The Spend jar is for spending money wisely on things that they are ready to purchase, and the Share jar is for giving back to the community or donating money to the cause of their choice. The goal of the different jars is to teach your children the hard work of saving money and the importance of using their funds wisely and effectively.

Materials that you’ll need

  • Three pint-sized Mason jars;
  • Three labels of your choice;
  • Chalk or any color paint marker.

Directions

  1. Remove the lids from the Mason jars and screw the metal bands back on.
  2. Secure one label to the middle of each of the jars.
  3. Write “Save” “Share” “Spend” separately on each label with chalk or the paint marker.
  4. Customize the piggy banks! Include your children’s names and let them decorate the jars.
  5. Display the piggy bank jars where you and your children can easily see and access them.