National Teach Children to Save Day
About National Teach Children to Save Day
When is National Teach Children to Save Day? The American Bankers Association Community Engagement Foundation determines the date for this holiday every April.
Now here is a very lofty and worthwhile cause. National Teach Children to Save Day is an annual event. It is essential that children learn the value of the dollar and how to save before they become adults. This reduces the likelihood that they will fall into debt, especially credit card debt and its high, usurious rates. On this day, bankers across America teach fiscal responsibility to children of all ages. The goal of this K-12 program is to instill in children a lifetime of good financial practices and management of their money. It starts with learning not to spend every penny you get, and to save a few of those pennies for a rainy day, and for the things they want. This financial education will help them as adults, to avoid high credit card debt and even bankruptcy.
Children and teenagers need to learn to be frugal and thrifty. And, when money is tight, they need to know how to become a penny pincher. All too often Don’t leave practical financial management education to bankers and educators. While these professionals are beneficial, kids need your teaching and insight, too. This means practicing what you preach. Kids pick up on the example you set. What you do now, they will do later in life.
How to Participate in National Teach Children to Save Day
Here are some ways you can participate in National Teach Children:
- Give a child a piggy bank.
- Parents, take your child to a bank to set up a savings account.
- Hold a class or training session on how to save money. Set the example of saving and thrifty behaviors. Your kids ae watching and learning from what you do.
Today's Quote
“Men are divided between those who are thrifty as if they will live forever, and extravagant as if they were going to die tomorrow.” – – Aristotle
History and Origin of National Teach Children to Save Day
This holiday event was created in 1997 by the American Bankers Association Community Engagement Foundation.
While the creators of this holiday call it a “National” day, we do not believe it is official. We did not find any congressional records or presidential proclamations for this day.
Definition of “National” Days – and why it is so important to distinguish true National days.
Related Holidays
International Frugal Fun Day – first Saturday of the month
More About Today
Flower of the Day: Statice
Recipe of the Day: Chocolate Truffle Cookies
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