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One great way to develop saving skills is to teach your children to become smart savers at an early age. This gift of learning is a super way to build saving skills and a positive attitude towards saving in your children. Open a Smart Saver account for your child. All that's required is an initial $5 deposit, and your child will receive 2 piggy banks. When both of the piggy banks are full, bring them back to the Credit Union. We'll deposit the first bank's contents into your child's Smart Saver account. Your child decides the future of the second piggy bank. We'll count the contents of the second bank, but this is a savings amount that your child can actually see and touch. Your child may decide to deposit this money too, or opt to use a portion to purchase some desired toy. The point is that a child sets -- and meets -- a goal to fill those two banks, and they see tangible financial rewards as a result. It's a valuable lesson in saving. Make your child a Smart Saver today! |
Parents, you can jump-start your child's saving account! Use MetNet-24 to transfer an allowance into your child's account each month. You can do it manually, or you can set an automatic payment - it's your smart savings decision! How can you teach good savings habits to your children? Check out Smart Sammie's Advice for Parents.
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