A glass jar can be used for many things, but where a kid is concerned, we usually think of having some cookies in the jar. Most any kid loves to see a jar full of cookies, and usually wants to eat too many at one time. I know I did.
But, another lesson can also be taught with a glass jar. We can use one instead of a ceramic piggy bank so that the child can literally see his money adding up. As far as that goes, I have a clear plastic jar that I use to put my spare change in and I enjoy seeing the money grow inside myself.
I think one of the main ideas we can teach our kids is that how much money they make isn’t necessarily the key thing. What is more important is how much money they learn to keep. The habits they have with their money determine their wealth in the long run.
So, if they learn the habit of saving the money they earn at a very early age, they avoid alot of potential financial pitfalls later in life.
Kids need visuals. A glass jar with money growing inside gives them an exciting visual and we can encourage them when we look at the jar with them. It can definitely produce many teachable moments with our kids.
There will have to be several teachable moments throughout their growing up years for them to really grasp good money habits.
Now, let me ask you a question as an adult in general, or as a parent if you are one. Do you understand the power of leverage and what it can ultimately, eventually, do for you financially?
We have to either leverage other people’s efforts or leverage a system that has been set up in order to build wealth.
Click here to get some free training on how you can leverage a system and then contact me with any questions.