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Four Easy Ways to Get Your Kids Saving Money

Last month we celebrated the concept of Saving. And it seems you did too: in February, gohenry customers squirrelled away a massive £838k.

We’re set on continuing the Saving mission in March and beyond, so we’ve tried to find some easy, practical ways that will help you get your kids started.

1) Set a Goal
Giving kids a realistic time frame and a tangible thing to work towards will help them enjoy the journey and stay motivated throughout.

2) Incentivise it
Keep the momentum (and the spirits) high. Offer to match a percentage of what they save on a weekly or monthly basis and kids will learn to look forward to checking how much they’re accumulating.

3) Celebrate it
Hitting a saving goal is a big achievement: make sure you make an equally big deal about it!

4) Make it a habit
Keep talking! Have a chat about the other things they’d love to buy, but can’t afford just yet. More importantly, set a time to do it. Whether it’s over breakfast or in the car from football, marrying a new habit to an existing one will make you more likely to find time, and stick to it.

Eat. Sleep. Save. Repeat.

We’d love to hear how you get your kids saving. To tell us your tips, or even just to give us feedback, drop us an email at Alternatively, you can join the conversation on Facebook and Twitter.

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