�What is saving?, Here are 10 ways to teach your child saving��
Saving is the act of keeping aside part of the money or resources you have instead of spending it immediately, so you can use it later for something important or in times of need.
For a child, saving teaches patience, planning, and the value of money.
10 Ways to Teach your Child How to Save�
Give Them a Piggy Bank or Jar
Let them have a safe place to keep their money where they can see it grow.
Set Simple Savings Goals
For example: “I will save to buy a toy in two months.”
Teach the Difference Between Needs and Wants
This helps them know what to spend on and what to save for.
Match Their Savings
Encourage them by adding a small amount to whatever they save.
Use Real-Life Examples
Share how saving helped you buy something important in the past.
Reward the Habit, Not Just the Result
Praise them for putting money aside, not only for reaching the goal.
Encourage Saving Gifts and Allowance
If they get money as a gift, guide them to save part of it.
Teach Delayed Gratification
Show them the joy of waiting and working towards something bigger.
Open a Kids’ Savings Account
If possible, take them to the bank to start saving in a real account.
Be a Role Model
Let them see you save and talk about your own savings goals.
Also check out other Kids events & activities in Ghaziabad.
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