How to Guide Children Learning to Save and Invest

You probably want your children to grow up to be financially responsible. But how do you help them learn the lessons of saving and investing? The answer is you can start by teaching them how to cook, get some money in their pockets, and play games that mirror real-life situations. Follow these steps as you prepare your child for a future of responsibility and abundance.

Play games that mirror real-life situations.

You can do this at home by using the Waldorf or Montessori learning methods, which involve a lot of playtime and hands-on learning. Discover the transformative world of Montessori furniture and learning towers, designed to nurture independence and creativity in children. Learn more in this article for insights into creating an enriching environment for your little ones.

In addition to playing games with your child that mirror real-life situations (and showing them how those games relate back to saving and investing), it’s also a good idea to introduce some fun money management games into their lives. By introducing children to these types of activities early on in life, they’ll become accustomed to making smart decisions when it comes time for them to make similar decisions on their own in adulthood.

Put on an apron and get cooking.

Cooking is a great way to teach children about money. It’s also a useful life skill in its own right, teaching them about the value of food and saving up money for things they want. Try making something together – whether it’s cookies or some fancy dinner dish – and let your child help you decide how much to spend on the ingredients. You can even turn this into a fun game by seeing who can come up with the best recipe using only $5 dollars worth of ingredients.

Get them some money.

The easiest way to get your children involved in saving and investing is to just give them some money. This can be a weekly allowance, or it could be gifts of money for birthdays and holidays. You want them to start saving and investing before they have any knowledge of how the process works. Once they become familiar with the basics, you can use them as an example of how you invest your own money. This will help them understand why we do things the way we do and why it’s important for everyone in the family to have their own accounts so that no one can take advantage of another person’s financial situation (like stealing from his bank account).

Allow them to make a mistake.

Children need to be allowed to make mistakes in order to learn from them. If you have ever tried to learn from someone else’s mistakes, then you know that it is not the same as learning from your own mistakes. It is important for children to learn about making decisions and their consequences on themselves before they go out into the world and make their own decisions with money.

Ask what the difference is between saving and investing.

When you’re teaching children how to save and invest, the first step is to ask what the difference is between saving and investing. Saving is putting money aside for a future purchase while investing is putting money into something that will hopefully earn more money in the future. Examples of things that could be invested in include stocks, bonds and mutual funds. Your child may want to know what makes these investments different from each other or whether they can buy one thing with two different types of investments (e.g., stocks and bonds).

Talk about your own experiences with financial responsibility, saving and investing.

Share your experience. If you’ve made mistakes along the way (and we all have), be sure to share those stories as well. Children learn best through example, so showing them how your own past has impacted the choices you make today will help them understand how they can develop their own personal financial habits in a positive way.

Be sure you aren’t projecting financial fears or worries onto your children.

If you’re concerned about your child’s spending habits and want them to learn how to save and invest, be sure you aren’t projecting financial fears or worries onto them. You might feel guilty about what you spend on things like clothes or shoes and worry that your children might do the same. In turn, this guilt can rub off on them—and make them feel bad about themselves in general.

Instead of bringing up money issues with your kids from a place of fear or negativity, bring it up as an opportunity for growth. For example: “I’m really glad we can afford new clothes when we need them” Or “It’s nice having so many toys because we can swap with friends.”

Push aside the notion that you’re too busy to talk to your kids about money matters.

It’s important for kids to learn about money matters early in life. If you don’t start teaching them about saving and investing, they may not develop the habit of doing so when they get older. They will be more likely to spend money on things that are not essential and then regret that decision later in life.

Children should learn as early as possible to save and invest.

You don’t have to wait until your children are teenagers to start teaching them about money. The earlier you start, the better.

It is important to teach kids as early as possible about saving and investing because they will be able to put their lessons into practice later in life when they will have more responsibilities and income sources than they do now.

Learning how to save should be an integral part of every child’s education because it teaches them valuable skills such as delayed gratification – something that can pay off down the line when someone wants (or needs) something but doesn’t have enough money yet for it. It also helps kids understand that sometimes you can get more by waiting rather than rushing into things like buying expensive items on credit cards which often leads people into debt problems later on in life after college graduation or starting their first job at a company where salaries are lower than those paid by competitors elsewhere.


Saving for the future is a great habit to get into, and kids can learn how to do it. The most important thing to remember is that saving money and earning interest is not just about the present day; it’s also about what happens in the future, so start early and set them up for success.

Tatiana Higgins

Tatiana is a creative writer. She spends her free time reading books, exploring the world, and finding inspiration to become a better version of herself.