Create a “Love Bug” using a toilet paper roll, construction paper, glue and other craft items you have laying around the house! Teaching Your Kids About Money (It Doesn’t Grow on Trees) Ages 3-5: Teach kids that money can be exchanged for things. Explain to them the difference between pennies, nickels, dimes and quarters. Ages 5-9: Start giving your kids an allowance. This is also a good time to explain bank accounts and what it means when a bank account earns interest. Ages 9-13: Help them open a savings account. Encourage your kids to save their allowance towards a goal. Consider setting up a matching savings plan like most companies do with a 401(k). Ages 13-15: Expand your children’s allowance to include more expensive items. Introduce entrepreneurship. Encourage your kids to earn their own money with jobs for neighbors and friends. Candy Ages 15-18: Teach your children the importance Flower of balancing their savings account books to prepare Kisses them for their future checking account. Cards Roses Heart Chocolate Love Valentine Hugs Party Check out the EFSB Kid’s Zone for more fun games and helpful saving tips! www.eatonfed.com /kids-zone
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