hey guys…
Was wondering the different ways families were approaching 'rainy day' or allowance saving for the kiddos. Im looking for new and entertaining ways to get my kids excited about saving. The little ones are more equipped for instant gratification and I know the best advice is to start young, and it's great advice. But where do you start? Obviously there needs to be some sort of reward system or they will tire quickly and lose interest. But I don't want the reward to be impulse spending either. So im looking for ways to make putting money away more about experiences, stability and 'comfort'…. not about the actual amount saved or ability to 'dip into it'… I thank you all for taking the time to read this, and welcome any tips, tricks or advice
@Jesse - when my babies were younger, we had a "try a new science experiment" board. Whenever they learned something new about saving, asked a good question about saving, or saved up for something on their own, we would reward them with a science experiment.
So far, we've made: lava lamps, "waterfalls" with Coke & mentos, DIY 3-D chalk. For the most part, we have the ingredients for these in the house. It helps full their creative mind, AND there are so many things you can do with just things around the house!
@Danielle B. Those are all great projects and a really good idea. I can adjust the reward by kids interest to (in a house with varying ages the flexibility is a must…lol) Plus it really gets them excited and interested in the goal not the $/sum. Goals are good, but I try to avoid black and white thinking, or rigid routines as I have 2 special needs (autistic/spectrum) so they have tougher times with change, but life is fluid. And so are things like savings, life happens. And they need to know that saving up for an emergency also means we don't need to beat ourselves up if we need to use it or fall short of a goal or two. Budgeting when their young I think helps them to realize… "easy come, easy go" but "a penny saved is a penny earned". Ill save the "ounce of prevention equals a pound of cure" for another day. 
I want to take the time to thank you for your reply. And hope that this reaches you in good health and good spirits.
Safe travels and Namaste 
I have 6 kids 3 of which have special needs so I need any helpful advice in how to keep them entertained firing covid 19 lockdown
It does help to have something to that gets there attention.
I give my daughter allowance every week for doing chores and I have taught her that if she saves money for something that she really wants instead of things she doesn’t want she will have more money in the end and she writes down every penny that she has saved. It’s amazing how much she has learned and how much I have learned from her and she is only 10.
Teach them early the tricks grocery stores use. They might discover some you did not notice
Have been teaching my son for years on how to save and he still just spends and I as explain to him you never know what’s going to happen now look what COVID19 did
I teach my kids, who are a bit older to bargain shop to hold off impulse buys to research the best price on the things they want. They often understand that their dollars go farther that way. But, then again, their impulse sometimes still get the best of them…lol!
I try to teach my children about how to save, but I soon as they get their paycheck their looking to see what are they going to buy, they don't get yet.
Teach them what a loss leader is. A loss leader is a sale sometimes at a loss for the store to get you into the store excited on the premise that you will buy other items as well.
I have 8 kids and the struggle to get them to under stand how important saving is happens daily in my house. Covid 19 actually has helped in that area a small amount so they could see that things happen. A couple of mine still do not understand though. I think they are just not ready and are going to be "late bloomers."
kids learn from parents. They will learn how to save by observing you.
