Money

Setting savings goals your kids will stick to

How to pick goals that motivate kids, track progress, and celebrate when they get there.

Genlyn TeamAug 12, 20264 min read

Let them choose the goal

Kids save harder for something they picked. Help them name a specific goal — a game, a new ball, a gift for a sibling — and write down the price.

A progress bar, a jar, or a chart on the fridge turns waiting into a game. Seeing the bar move after each payday is a powerful motivator.

When they reach the goal, make a moment of it. Then talk about what worked — and what the next goal should be.

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