Today’s fantastic family finance article is:
Your kids know that calling people names is bad.
But calling money names? That’s all good when it comes to saving.
Names like Disneyland Summer 2017, My Next Smart Phone, My First Car, My Summer Trip Abroad.
Giving your kid’s savings jar, savings account, or savings card a customized name gives it a purpose. It makes the abstract concrete. The general specific. The boring exciting. The forgotten memorable. Most importantly, it might just make the ignored achieved.
So let your kids know that name-calling is a good thing — when it comes to saving money that is.
Get tomorrow’s tip here.