Raising Savers: Helping Kids Build Smart Saving Habits[ (That Actually Stick)

Why Saving Is a Superpower

In a world that rewards instant gratification, saving is an underrated act of strength. It teaches patience, planning, discipline — and the ability to say no for now to say yes to something better later.

But kids aren’t born with these skills. They need to be taught, shown, and encouraged — over and over again — until saving becomes second nature.

The Goal: Turn Saving Into a Habit (Not a Chore)

The most effective saving strategies for kids are:

  • Consistent

  • Age-appropriate

  • Connected to goals

  • Celebrated, not forced

Saving should feel empowering, not restrictive. When kids see their progress add up — whether in a jar, a piggy bank, or an app — it builds confidence and momentum.

How to Teach Saving at Every Age

Age Group What to Teach How to Do It
4–7 Saving for short-term goals Use jars or envelopes labeled “Save,” “Spend,” “Give”
8–12 Delayed gratification, tracking growth Introduce savings charts or goals for big purchases
13–15 Budgeting and planning ahead Open a joint savings account with a goal target
16–18+ Emergency funds, long-term thinking Introduce high-yield savings accounts, bank apps

📌 Apriem Tip: Match a percentage of their savings (like a mini 401(k)) to encourage smart behavior early on.

Make It Visual & Tangible

Kids are more motivated when they can see progress. Try:

  • Sticker charts or coloring trackers

  • See-through jars with dollar amounts labeled

  • App dashboards that show goals visually

  • Goal boards with pictures of what they’re saving for

The more tangible the reward, the more likely the habit will stick.

Let Them Save for Things They Care About

It doesn’t have to be practical — it has to be theirs. Let them pick what they’re saving for, even if it’s a Pokémon card set, concert tickets, or a new outfit.

The goal is to tie saving to emotional satisfaction, not just responsibility.

Celebrate the Wins (Big or Small)

Saving $20 might not seem like a lot — but to a child, it’s everything. Acknowledge progress with praise like:

  • “You stayed focused on your goal — that’s incredible.”

  • “I’m proud of how you chose to wait instead of spend.”

You can even create a small reward for reaching milestones — a bonus dollar, a treat, or a fun outing.

Help Them Graduate from Savers to Planners

As they grow, introduce concepts like:

  • Saving a percentage of any money they receive (allowance, gifts, job)

  • Emergency savings vs. goal savings

  • Needs vs. wants (and when to dip into each)

Raising a Saver Is a Lifelong Gift

The habit of saving can shape your child’s entire future — reducing financial stress, empowering smart choices, and laying the groundwork for generosity and investing later on.

Start small, stay consistent, and make it meaningful.

Want guidance on building healthy financial habits for your kids?
Contact us at bri@apriem.com — Apriem Advisors is here to support your family’s journey to financial confidence.