The Match Game
by David McCurrach
Sometimes saving benefits from a little extra encouragement. Children commonly feel their saving goals are unattainable and their efforts inadequate. You may need to help them a little.
Consider matching anything they save. It could be as generous as if you save $2,500 for a car, we'll give you another $2,500; or, as limited as if you save $12 for that game, we'll give you the other $12.
You may want to present the idea as interest on savings. If so, you can use this opportunity to show them how long it takes to double their money in a bank or credit union account.