Making Kids Money Masters
The holiday season is upon us, and as parents, we know that it can also be a time of increased spending. However, saving money during this festive season is not only possible but can also be a fun learning experience for your child. By involving them in the process, you can teach them valuable lessons about budgeting and resourcefulness while creating memories together. Here are easy and effective Walter the Vault recommendations to help you have holidays on a budget while including your child in each activity.
Instead of purchasing expensive holiday decorations, why not get creative and make your own? By involving your child in crafting ornaments, paper snowflakes, or a festive wreath using materials you already have at home, you not only save money but also turn it into a fun afternoon activity. Your child will love seeing their creations displayed around the house, and it’s a great way to add a personal touch to your holiday decor.
Encourage your child to channel their inner artist and create personalized gifts for family and friends. Help them make handmade cards, paint pictures, or put together a small craft project. Set up a holiday gift-making station with supplies and watch their creativity flourish. If your child is not too interested in art, you can always print out pictures and cards they can help choose. Not only is this an affordable option, but it also allows your child to experience the joy of giving and spread holiday cheer.
Who doesn’t love holiday treats? Instead of purchasing expensive goodies, why not bake your own? Look for easy and budget-friendly cookie recipes online and have your child assist you in preparing the dough and decorating the cookies. This activity not only saves money but also teaches your child valuable skills such as measuring ingredients, following a recipe, and the joy of baking. Plus, the aroma of freshly baked cookies filling your home is an added bonus!
Make finding coupons a fun treasure hunt with your child. Before you head out to shop for gifts or groceries, create a list of what you need and search for coupons together. Have your child look through newspapers, magazines, or online sources. They will feel like a little detective as they hunt for those money-saving deals. This activity not only gets them involved in budgeting but also promotes essential skills like reading and critical thinking.
Having fun during the holiday season doesn’t have to break the bank. Plan enjoyable activities for the whole family that are budget-friendly. Organize a game or movie night complete with your child’s favorite snacks. Alternatively, go on a winter hike, build a snowman, or visit local holiday displays. By emphasizing inexpensive or free activities, you can ensure that your child experiences the joy of the season without splurging on costly entertainment.
Throughout these #WalterTheVaultApproved activities, it’s important to discuss the importance of saving money with your child. Explain how being resourceful and mindful of expenses can help provide more opportunities for fun and memorable experiences. By involving your child in the process of saving, you empower them with valuable life skills and teach them the importance of financial responsibility. So this holiday season, enjoy the festivities while creating lasting memories and saving money along the way!
Hello Everyone,
The holiday season is upon us, which can lead to big spending. Don’t worry, here are some tips for kids to help them earn and save money during the busy season. READ MORE
Hi Everyone,
Recently Forbes published “3 Financial Goals To Focus On In Every Decade.” The article discussed goals for people 20 and over. Walter the Vault feels it’s important for children and teens to have financial goals as well. READ MORE
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Walter the Vault had a special appearance at the Family Financial Literacy Fair on Saturday, March 2nd, 2013 from 10am-1pm at the Half Hollow Hills Community Library, Dix Hills, New York. About 130 families participated at the fair encouraging children and families to learn about financial literacy.
There were a number of booths and activities for children of all ages including writing a check at a bank, playing supermarket, ordering at a drive through food establishment, designing a bank, creating money origami, learning basic money terms, and much more. A popular booth was Walter the Vault, teaching children about allowance, saving money and how to unlock your dreams by answering what you want to be when you grow up. READ MORE
Money, money, and some more money! Why does it seem everything is about money? Spending and saving is something we all do or try to do in our daily lives. Isn’t it necessary for children to do the same, or at the very least to at least think about?
Meet Walter the Vault. Walter is a “Money Master” and a fun, animated character here to help. He teaches children the basics of financial literacy such as how to save reasonably, spend responsibly, invest wisely, give appropriately, and budget regularly. By following Walter the Vault, children can become Money Masters. READ MORE
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