Developing a comfortable relationship with a bank when your child is young will help your son or daughter understand the importance of managing money when he or she is old enough to open accounts or apply for loans.
Quick Tips
Give your child a piggy bank and help them save money for something special. When they have some money saved, take it to the bank and see how much they have. Deposit this money into a savings account so they can continue saving and earning interest on their money. To receive a free piggy bank, open a Univest Eaglet® Savings Account.
Teach your child about the value of money and the skill of money management with an allowance.
Help children learn the differences between needs, wants and wishes.
Talk with your children about the cost of items when you're out shopping.
Teach them to share with others by giving to charity and volunteering as a family.
