I went through Dave Ramsey’s Financial Peace University a couple of years ago. During that few months, not only did I learn how to improve my financial future, I also learned the importance of teaching good money habits to your children while they are young. Since then, I’ve picked up the book Dave co-authored with his daughter, Smart Money, Smart Kids. If you haven’t had a chance to read it, I highly recommend it!
One thing I learned from the book is to teach children to separate their money into three categories: Give, Save and Spend. My kids are 11, 9 and 6, and especially with my 6 year old, being able to visualize this is very important. Cut to the savings jars…
I will preface the remainder of this post by saying I did not create this idea. It’s all over Pinterest, and Dave Ramsey even sells something similar on his website. With that being said… onward ho!
I found this candle holder at Kirklands, (sorry, link says it’s no longer available), and purchased coin jar lids from Michaels. And yes, I used coupons at both locations! 🙂 You could call it a day and have a finished product, but of course I had to spice mine up a bit.
I pulled out my Scan N Cut and made vinyl labels that read: Give, Save and Spend. I then transferred those to the mason jars. See how much that little label kicked it up a notch? I finished off each set with a personalized chalkboard name tag and we were done! Now the kids can watch their savings grow!