Wants to buy a tablet for the savings he made

The  9 year old nephew started saving January of last year.  Her mother bought him a piggy bank and told him to save so he could buy the toys that he wants once his piggy bank is full.  It has been 12 months and it is time to open his piggy bank.  He has been waiting for his mother to have time to help him open and count the money inside the piggy bank.  His mother promised to open the piggy bank this week, and he is patiently waiting till his mother have time and less tired from work.  And today is the day he has been waiting for.

After lunch today, he and his mother open the piggy bank.  The nephew is smiling seeing the money inside his piggy bank.  His waiting is paid off.  He helps her mom in counting the bills.  His savings is 2,300 pesos.  He smiled and told his mom that he wants to buy a tablet.  Well, he is big now, he does not want a toy anymore, he wants a gadget where he can put games, download educational videos, and the likes.  It is his money so he can decide what to buy.  Congratulations to my nephew for the success in saving money.  He will starts saving again for this year, and I wish him a bigger savings.

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Teaching him to save money

Life is indeed not easy especially when we are experiencing difficulties in life.  We have to be ready always because we do not know what is going to happen to us the next day.  One of the good ways to be ready is to save money and do not spend beyond your means.  Saving money is one of the best things to do so when the rainy days come, we do not have to worry much because we have savings.  We do not need to borrow money because we have savings that we can use.  Though we are praying to be in good health always and safe.

The sister wants her kids to be ready always and thought them to save than to spend.  She bought piggybank for her sons and thought them to start saving at the young age.  She explains to them the importance of saving money.  It is for their future and future use.  Her eldest is only seven (7) years old and understands her explanation.  In fact, the nephew is so excited to put money in her piggy bank and he already has in mind what to buy when the piggy bank is full.  Hopefully, he will get what he wants in due time.

How about you?  How did you tell to your kids to save money?

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