Did you set financial goals each year? Did you set up a budget for the year? Did you work through the process with your children also? I am sharing a money saving challenge for kids printable to help you teach your children to save all year long.
Print the Money Saving Challenge for Kids here.
See below for a few other money saving challenge for kids printables. I have included a few more versions below, including a blank schedule.
When we think of our personal finances and budgeting, we don’t always include our children in on the process. They may not need to know much at a young age, but you should at least start teaching and consider what you want them to learn throughout the years.
If your child gets any regular or sporadic income (allowance, gifts, babysitting, chores, lawn mowing), it’s important to start teaching them to break out the money between the following categories:
Save – Spend – Share
Because many people review their finances and make savings plans at the beginning of January, I will focus on Save.
Help them work through the process of how much they should save this year or for the next 52 weeks. There is no specific reason that your child has to start on January 1. I have created 3 different FREE PRINTABLE options for you. All 3 versions are included in both the rainbow design and navy stripe design.
Print the Children’s Savings Challenge for kids here. (The PDF includes all versions in one file.)
- Save $1.00 per week
- Start with saving $1.00 per week and increase to $4.00 per week
- Blank schedule. Fill in your own amount
It may be a great lesson in goal setting if you focus on the end result. Talk with your child about what they are saving for. There is a place on the printable to write it down.