Have you and your little ones been journeying through the delightful pages of "Nana The Naughty Savings Jar"?
If so, you've discovered not just a story but a practical tool for teaching valuable financial lessons. At the end of the book, there's a special surprise: a Savings Goals Tracker. This isn't just any addition; it’s a practical, interactive tool designed to bring the lessons of the book to life.
And here's some great news: we're offering a free and bonus copy of this tracker!
Download it directly from here and embark on an engaging financial adventure with your kids.
Let's dive into how to use this tracker effectively, teaching your children about setting and achieving savings goals, cutting back on unnecessary expenses, and understanding the value of waiting.
Using the Savings Goals Tracker:
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Table 1: Top 3 Saving Goals
- Filling It Out: In this table, you'll find columns for 'Date,' 'I Will Save (X Amount),' 'By What Date,' and 'Because I Want To.'
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Guidance: Sit with your child and think about three realistic saving goals. Write down the date you start saving, the amount to be saved, the target date, and most importantly, why saving for this goal is important. This exercise helps in setting clear and achievable targets.
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Table 2: Top 3 Cutting Back Goals
- Filling It Out: This table includes 'Date,' 'I Will Cut Back,' and 'It Costs.'
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Guidance: Discuss with your children items or habits they can cut back on. For each, note the date, what the item or habit is, and its cost. This activity encourages kids to think critically about their spending habits. Remember, let your children lead this process, much like in KidZania, where kids learn by doing. Parents, your role is supportive but not directive.
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Table 3: Top 3 Things I Can Wait
- Filling It Out: This table consists of 'Date,' 'I Can Wait to Buy,' and 'It Costs.'
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Guidance: Here, children can list items they want but can wait to purchase. Discussing the cost and the importance of prioritizing needs over wants is a key learning point.
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Additional Tables:
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Table 1: I Will Save (X Amount) If I Waited
- Children calculate the total amount saved by not purchasing items listed in the 'I Can Wait' table.
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Table 2: I Will Save (X Amount) If I Cut Back
- Here, children tally up the potential savings from cutting back on certain expenses.
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Table 3: Total Money Saved
- A simple table for kids to summarize their expected total savings.
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Table 1: I Will Save (X Amount) If I Waited
Conclusion:
The Savings Goals Tracker from "Nana The Naughty Savings Jar" is more than just a fun addition to a children’s book; it’s a stepping stone towards financial literacy for your little ones.
By engaging with these tables, children not only learn to set goals but also understand the value of money and the impact of their spending and saving habits.
This hands-on approach makes learning about finances an enjoyable and impactful experience.
Remember, the journey of saving and spending wisely starts young, and with "Nana The Naughty Savings Jar," it’s not just educational but also a whole lot of fun!