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Personal Saving For Children Money takes on a new meaning when there are children in the family. Parents realize the added pressure on the family's income to cover more wants and needs. They also feel and express a concern for helping their children develop healthy, positive attitudes about money. Attitudes and habits about money are learned at an early age. Very young children begin to learn about money by observing how their parents feel about …

…There is no set recipe or formula for teaching children to become responsible money managers. Parents can do a great deal to help their children develop healthy attitudes about money, its purpose and limits if they remember actions and examples speak louder than words. Parents can examine their own money attitudes and practices and use ideas discussed here to give children realistic money experiences. It will pay off in satisfactions for both parents and children.