Kiddie Savings: Teaching Your Child to Count Money

There is no denying that children have a fascination with money, and they always have ideas on how to spend it. If you asked a child what they would do with a hundred dollars, you would not have any shortage of answers. Each child will have a different response but none will be lacking imaginative ways to burn through that cash!

Imagining what they will do with the money is the easy part. The trickier thing, however, is teaching those littles how to save. But that doesn’t mean you should put off all money management education until your kids are in middle school. There is learning to be had at every stage of your child’s life—and it’s just a matter of scaling that knowledge to their age. 

The first step to helping your child learn how to set money aside is teaching them how to count it. Here are a few creative ways that you can help your kids count money:

Kiddie Savings: Teaching Your Child to Count Money

Preschool Age

There is no such thing as starting too early when it comes to the savings of your children. Here are a few fun ways to help your preschoolers learn how to count money:

1 - Make Counting Fun!

At this age, children will have just learned how to count. They will want to apply this newfound skill in any way they can. Counting money is no exception. Show them how to count coins and paper bills. It may be too early to teach them about the denomination of each bill or coin, but your little one will love counting a stack of coins and paper bills by your side.

2 - Get a Piggy Bank

Get a piggy bank for your child. Having a special place for them to keep their money will help give them the opportunity to save up for something that they want to buy. Piggy banks will help them grasp the idea of real banks and how money is set aside for a rainy day.

3 - Let Them Handle Money

When you buy something from the grocery store or supermarket, have your child come along. If they want to buy something using some of the money they have saved, have them do it. Letting them make their own decisions about their own money will help reinforce their saving habit.

Kindergarten to 6th Grade

Older children will have an easier time understanding the value of money and the importance of savings. Here are some ways to encourage your older children to count and save money:

1 - Open a Bank Account

If they will have enough savings to open up a savings account for themselves in a bank, have them come with you and open the savings account themselves. They will be proud to count the money and hand it over to the bank teller to officially open their account.

2 - Teach the Value of Money

Teach your child the value of money and that it doesn’t just magically appear. Consider having them make a little bit of extra pocket money by doing additional chores, such as washing the car or weeding the garden. Putting their time and hard work into earning their pocket money will teach them the value of each bill and coin. In the process, they will learn how important it is to save and value the money you’ve earned after all the effort you put in for it.


Children love to spend money! However, they also need to learn to manage the money they have. Teaching them the right way to handle it will prepare them for the future. Giving them the chance to hold their own money at a young age will help them realize the value of money. Children who do not get access to their own savings will grow up to be adults who do not know how to handle their funds. 

You can be able to avoid future money handling problems for children when you let them use Kiddie Kredit! This is a mobile app designed to educate children on the credit system by completing chores. Kiddie Kredit is a chore app as well as a savings app. Teach your children responsibility by downloading Kiddie Kredit today!