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Children and Saving

Children who learn to save at an early age have a great advantage. Here you'll find tools for teaching children to save. Families can enjoy the process and financial benefits of having money-savvy kids.
Overview of 529 Plans - How 529 Plans Work
529 plans are programs that allow people to save money for higher education. While each state has its own 529 plan, all 529 plans share some features. Let’s look at some basic features to help you save for college or graduate school.
Savings Safari - Bank Accounts For Kids
Want to get your children interested in saving? Take them on a Savings Safari. A Savings Safari is a program where banks and credit unions open a bank account for kids and make the process fun and interesting. Over the years, this will hopefully keep your child interested in saving and learning about money.
Sudoko - The Board Game (Age 8+)
Strong logic and math skills are essential for making good financial decisions. Sudoko is a fun way to help young ones develop these skills (Buy Direct).
Mutual Mania Board Game (Age 11+)
Help young folks learn about saving and investing -- without putting money at risk. This game teaches a few basic lessons, and it's exciting enough to keep their attention (Buy Direct).
Basics of Savings and Investing
The NASD has compiled a complete program for educators, including handouts and lesson plans. You can use the whole program, or just pick out the parts you want. Children will learn why we save and invest, and they'll learn to evaluate the differences between types of financial institutions.
Where Does Your Money Go?
This is a friendly primer on budgeting and managing debt for children and young adults.
Teach Children to Save
The American Bankers Association has wonderful resources for families and educators. You'll find ideas on teaching kids a lesson that will last a lifetime.
Junior Achievement
Junior Achievement is a nonprofit organization that aims to educate children and young adults about their community, economics, and business. Kids can learn how banks and other institutions impact their lives. You can use Junior Achievement programs to teach your children about saving and money.
Savings Bonds FAQ
A lot of people have used savings bonds to help children save. You buy these bonds at at banks and credit unions. Take a look at the U.S. Treasury Department's FAQ to get a quick overview of how savings bonds work.

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