Learning to Save Early

@DrMommy, Dr. Mommy Online, learning to save early, money management, saving money, teaching
Many of you may know that I home school my children and one of the most important lessons that they are learning is how to save money. With today’s economy it is wise to save money and it can be done several ways. One of the ways I have taught my children is by clipping coupons. We love getting the Sunday paper and sit in my office together and clip coupons. I have taught them how to categorize them too.

They are also learning how to plan meals in advance and coordinate the coupons to make a shopping list. My girls love to go shopping and comparing the prices along with the coupons and have also learned that you may actually save money without a certain coupon by comparing unit prices.

Because of my homeschooling, I have made Saving Money a special class. I have taught them the concept of clipping coupons, as well as comparison shopping. They also learn to make money in order to place in their savings accounts. My son helps in cleaning our office every weekend and mows the lawn for extra money. My girls help their Dad wash the family car as well as bathe the dogs for extra money. My middle child is developing an online business with one of her talents which is editing videos. She’s good too!

My children also go through their closets and will find clothes that they no longer wear and will bring to consignment shops to earn extra money. They are learning young how to save and hopefully will continuing applying these lessons when they grow older and move out on their own.

Are you teaching your children how to save money? It is as simple as giving them a piggy bank. We have given each of our children a piggy bank. They each have a special item that they are hoping to purchase. We find a photo of that item and place near the piggy bank and with each coin they place in the bank, they are one step closer to purchasing that special item. That is just one example of how we have taught our children to save money.

Do you have any special tips? Share them in the comment area below. I love to hear new ways to teach our children how to save.

About Dr. Mommy  (666 Posts)

Dr. Daisy Sutherland is the Founder/CEO of Dr. Mommy Online. She is a doctor, author, mentor, speaker, wife & mom to 5 children. Dr. Mommy's mission is to ~ Help Busy Women and Men with her 'Get Real' approach to living a happier and healthier lifestyle. Watch for new book: 'Letting Go of Super Mom' coming out August 7, 2012.


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