Raising Money Savvy Kids

Money management is one of the most important things we can teach our children. The sooner we help them set the principles of good budgeting into place in their lives the easier it will be for them to follow through. There are lots of ways to teach money management to kids. Today I want to tell you about an awesome website Money Savvy Generation. Money Savvy Generation was founded by Susan Beacham, a mom and former private banker. Susan’s dream is to teach money management basics to elementary school aged children.

Most children want to spend money as soon as they get it. By using the principles set forth on Money Savvy Generation and the tools they have available children can learn the concepts of budgeting for long and short term financial needs. The functional yet adorable Money Savvy Pig Bank has 4 compartments Save, Spend, Donate and Invest and each one is accessible through the pig’s feet! My boy’s has a similar bank when they were younger and it really did help them learn money management and delayed gratification. Currently my sons are taking an economics class, taught by our pastor. I can’t wait to share Money Savvy Generations Cash Cache with their class. It goes along perfectly with everything they are learning!

Money Savvy Generation founder Susan Beacham is hosting a Twitter contest follow @susanbeacham on twitter and send a tweet with the hashtag #MoneySavvyPig to be entered to win a $25 gift certificate to Barnes and Noble and a custom Recommended Reading List for the children in the winner’s life and
an entire Classroom Solution for a child in your life!

That’s not all! Money Savvy Generation is giving one The Mom Maven reader a Money Savvy Pig Bank!

Mandatory 1st Entry visit Money Savvy Generation’s website and check out their products. Then come back and leave me a comment about which of their products you would like to own.

Bonus Entries

• Followers and Subscribers get 1 entry each so please follow and/or subscribe today. Leave me a comment with each entry.
• Tweet this “@MomMaven & @SusanBeacham want to help us raise money savvy kids! http://bit.ly/lxIKX #moneysavvypig” you can do this 2x a day. Leave the tweet URL in a comment. (This will also enter you into the Twitter contest!)
• Sign up to receive the “Helping Kids Get Smart About Money” eNewsletter. The registration is in the left sidebar of the Money Savvy Generation website. Leave a comment telling me you signed up.

This giveaway is open to residents of the US and Canada. A winner will be chosen at 10pm on 9/30/09 by random.org. I reserve the right to delete any entries that don’t meet the previously stated requirements. Good Luck!