Of course, you’ll want to double check with their parents, but getting your grandkids some sort of a piggy bank, even if it’s only a special can or jar, can be the beginning of teaching the value of saving, according to an article called Grandkids and money at CNN Money. As your grandkids begin to get the idea of saving money, you could offer to match their savings, the article suggests, giving them even more incentive.

The Mint.org suggests setting up four savings banks – one for saving, one for spending, one for investing/growing and one for giving.

However you help teach your grandkids about money, have fun.

Labels: grandkids, grandparents, kids, money, savings