Teaching children how to save and budget is fun and educational and will benefit them no end as they become older. Does your child spend, spend, spend or do they save? A money box from www.freyadesign.co.uk, or even three, (if you’re planning to introduce them to the ‘save some, share some and spend some’ philosophy), will make saving a real pleasure for them from.
Save, Spend and Share is an excellent system to demonstrate to children how to get the things they may want or need immediately and also show them how to save for items they’d like to buy in the future. Especially with Freya Design’s beautiful wooden money boxes, which are all made from the finest New Zealand pine and European alder and birch and are a really stylish way to encourage kids to save their pennies. They can all be personalised too to make them just that little bit more special.
And using the practical method of Save, Spend and Share you can show kids how to balance their savings and spending habits in an enjoyable way. For instance the Save box can be for a longer term large item, like a snooker table. The Spend box could be for a CD or football, something they can buy right now. And the Share box could encourage them to make some charitable contributions for others who have less, whilst at the same time having gratitude for what they have themselves. www.myeggnest.com suggests giving children say £100 and teaching them to divide that money up between the three boxes. Take a look at our ‘teaching your child the value of money’ page for further ideas.
Freya Design’s money boxes make saving really fun. The more fun it is, the more your child will be interested in saving. Visit www.freyadesign.co.uk to see the full range. And take a look at http://www.myeggnest.com/info/Freya-Design.aspx for our current competition.
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