How can a Child Save Money


In previous content, I have explained "How to Grow Your Saved Money?" But for this, you need to save the money. Saving is the habit. All do not save the money because they have the bad habit of consuming all earned money. If you can teach your children to save money by telling its importance, your children can make it as the part of its habit. Same money, they can invest to grow their business in future.

So, this content will help you to teach the steps about "How can a Child Save Money?" Same lesson, you can teach to your children.

1. Tell the Importance of Saving 

My dear child, if you save today, you can make your better tomorrow. Today, I am giving you pocket money and taking the burden of all your expenses. So, it is your duty to save some of your pocket money. In future, I am unable to give your pocket money, you can get all time free pocket money because if you have big saving, you can deposit it in bank and get big interest on it which is more than the actual pocket money amount.

You have lots of dreams but I am giving very low pocket money. If you will start to saving, you can achieve all your dreams because you can invest your saving in business where you can get big profit on it which will be enough to achieve your dreams. In simple words, if you save today, you can smile tomorrow.

Moreover, you can read 10 benefits of saving money.


2. Buy the Saving Box

Every parent should buy the saving box. Tell, your children, it is best place where they can keep their money. Now one can take his or her money. It will surely encourage your children to save.


3. Divide the Pocket Money Saving  Reward Policy

When you will give the pocket money, use the policy of divide pocket money into saving and consumption. If you child like to save money, give 10% pocket money. But its single money is to save 60% of saving of total pocket money.

6. Add Child's Saving in Big Locker

Now, saving box will full. Mind of your child will say to consume the money. Control on your child's this bad habit. Buy the big locker. Keep, your child's saving in it. You can also open your child's bank account also.


7. Teach to Reduce the Expenses

There are lots food which are harmful for your children. Your child waste the pocket money all such food and all these food also increase the health cost. So, teach 19 tips to your children to reduce the expenses.


8. Earning More Money for More Saving

You should also teach to earn money from childhood. There are lots of activities if your child will help you, you can give reward for his saving. For example, your child can grow the own vegetables in your kitchen garden, it will reduce your vegetable cost and it will be the earning of your child. Give save money to your child for saving.


COMMENTS

Comments on this Website
.
Share above Content to Your Friends



Name

access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting interest international Internet Introduction of Tally 9 inventory investment invoice IT Japan Job costing journal entries Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting otcei pakistan parents pay pal pdf pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching wikipedia working capital youtube
false
ltr
item
Accounting Education: How can a Child Save Money
How can a Child Save Money
https://3.bp.blogspot.com/-vUEtUmIWHvQ/V2dwQ3HwEbI/AAAAAAAAUS8/H8LXc8TfQZQsD8BfGeZiMDQmCtGrM5eGACLcB/s640/saving.png
https://3.bp.blogspot.com/-vUEtUmIWHvQ/V2dwQ3HwEbI/AAAAAAAAUS8/H8LXc8TfQZQsD8BfGeZiMDQmCtGrM5eGACLcB/s72-c/saving.png
Accounting Education
http://www.svtuition.org/2016/06/how-can-child-save-money.html
http://www.svtuition.org/
http://www.svtuition.org/
http://www.svtuition.org/2016/06/how-can-child-save-money.html
true
2410664366776677676
UTF-8
Not found any lecture VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at vinod@svtuition.org for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock