Becoming Parent
6 reasons why children should learn to save money from an early age
04 Nov 2024
6 reasons why children should learn to save money from an early age
04 Nov 2024

Teaching children to save money from an early age not only forms a positive habit, but also provides many benefits for their future lives. With the habit of saving, children will learn the value of money and how to manage their finances. Here are some of the benefits that children will get when they start saving money from a young age.


  1. Appreciate Money
    Children who are taught to save from an early age will appreciate their money more. They will learn to use money wisely, only for things that are really needed. By understanding that money does not come easily, children will learn to work hard to achieve it.

  2. Become More Disciplined
    The habit of saving money teaches
    children to be disciplined in managing money. Children will get used to always setting aside some of their pocket money to save, which will train them in consistency and discipline, not only in saving money, but also in other aspects of life.

  3. Being More Frugal
    Children who are used to saving money since childhood will learn to be more frugal. They will set aside money for savings and not be easily tempted to buy unnecessary items. This frugal habit will carry over to their adulthood and become a useful life habit in the future.

  4. Become More Independent and Responsible
    By saving money, children will learn to be responsible for the money they have. They will become more independent in making financial decisions, such as waiting to buy something they want while saving. This shapes their character to be more patient and wise in managing money.

  5. Managing Finances Well
    Teaching children to save from an early age also equips them with the ability to manage finances effectively. Children will learn to plan their expenses and prioritize their needs, which will be very beneficial in their lives when they grow up.

  6. Understand the Importance of Emergency Fund
    Children who have saved money will understand the concept of an emergency fund from an early age. They will learn that in life, sometimes there are unexpected events that require money. By saving, children will be taught to prepare a reserve fund that can be used at any time, as a form of anticipation for urgent needs in the future.



Teaching children to save from an early age provides many long-term benefits, from managing finances wisely to forming a disciplined, frugal, and independent character. The habit of saving will become a strong foundation for children to manage their money better, both as they grow up and in the future.

Source : halodok.com