PLR Ecourse:  Saving Money for Kids

1. What do two pigs have to do with kids saving money?

2. How to teach your young child to set savings goals

3. Christmas club for kids

4. When is the right time for a child to have a bank account?

5. How to create a family savings goal

6. Three tips to introduce your child to investing their money

7. Three mobile apps to teach your child about saving money

8. Do you have four jars? Then you have a valuable financial lesson in the making

9. How giving your child a job can teach them about earning and saving

10. Teaching your child about different savings goals

Teach your kids about saving money early in life to use later in life. Here is a content sample of your PLR 10 Day Ecourse:

Subject: When is the right time for a child to have a bank account?

Dear NAME,

There comes a time when a piggy bank isn’t enough. Your child has outgrown saving quarters and is ready for more. That means it’s time for them to have a bank account. In fact, most experts agree that somewhere between the age of 7 and 10 a child is ready for a bank account.

If you haven’t yet, consider starting with a joint savings goal or a Christmas club. We’ll talk about joint savings goals next time. Now, let’s take a look at bank account tips and options for your elementary school-aged child.

1. Savings only - When you go to the bank you’ll have a few choices, including a joint checking account for you and your child. They get a debit card and everything. Don’t do this. They’re not ready for it yet. Instead, open a savings account for them. Then your child still gets the debit card, which you can tuck safely away. The goal is to save.

2. No Fees - Make sure that the account doesn’t have any minimum requirements or monthly fees. You can generally find this type of account at local banks or credit unions. Additionally, if you are a bank member they may waive the fees for your child. It’s a nice perk.

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