Your Child And The Financial Facts Of Life

DD For Parents Your Child And The Financial Facts Of Life (NAPSA)—Teaching children about saving, budgeting and managing money can payreal dividendslaterin life. Studies show good financial habits start early. To help, the American Bankers Association ONE INES Teach your child the importance of saving. To make their savings real, have them build up savings in a piggy bank. Education Foundation (ABAEF) created the Teach Children to Save program. Here are some simple suggestions: Teach your child the importance of saving. To make their savings real, have them build up savings in a piggy bank. Help them open upa savings account and make deposits regularly. Makegoingto the bank a fun activity. Some banks have kids’ clubs where membersget newsletters in the mail or receive prizes like balloons when they makea deposit. Kids love to get mail, so keep an eye out for their monthly statement. This will help them see the gradual effect of interest. For more information, visit www.aba.com and click on Consumer Connection.