Expand the description and view the text of the steps for this how-to video. Check out Howcast for other do-it-yourself videos from jonz and more videos in the Grocery Shopping category. You can contribute too! Create your own DIY guide at www.howcast.com or produce your own Howcast spots with the Howcast Filmmakers Program at www.howcast.com Learn from those crazed coupon clippers who’ve figured out how to buy 0 worth of groceries for 50 cents. To complete this How-To you will need: Sunday newspapers Coupon websites An accordion folder Store circulars Lots of patience Step 1: Search the Sunday papers Don’t limit yourself to one edition of the Sunday paper. Serious savers carefully go through the coupon inserts in several editions, because different papers carry different coupons. The money you save will more than offset the cost of the papers. Step 2: Print out coupons Print coupons from internet sites like coolsavings.com, smartsource.com, hotcouponworld.com, coupons.com, couponsurfer.com, and ppgazette.com. Tip: Into green living? Check the internet for organic coupon websites like organiccoupons.com. Step 3: Check brand websites If you can’t find coupons for your favorite foods, check the brands’ websites; they sometimes offer printable coupons. Step 4: Get organized Organize your coupons in an accordion folder by food type — frozen foods, cereal, beverages, etc. — and arrange them by expiration date. Step 5: Know supermarket policy Check your local supermarkets to …
Video Rating: 4 / 5

by CERTs

How to teach your child learn to save money?The ability to handle personal finances by saving money and budgeting is a skill beneficial to most everyone. When children learn at an early age to save and spend money wisely, they are likely to do the same as adults.Here are ideas to help teach kids the skills of saving and budgeting money.http://www.ixgw.com/ Best Financial Advice – Financial Planning | IXGW.com
Give Young Children an Allowance
An easy way to begin teaching money saving skills to young children is to give them an allowance. You might want to base this on completion of some easy household chores. For young children, choose as small amount of money that they receive often, such as weekly.

Set Up Money Saving Containers
To help young children learn to save money, provide them with several savings containers, labeled with their savings goals. Small plastic jars work well. Try giving your kids their allowance in small denomination coins such as nickels and dimes, or even pennies, to make division between the savings jars easier.

Explain the Concept of Saving Money to Kids
Once your young child’s allowance is established, explain the concept of dividing up her or his money, allowing it to accumulate for savings goals. It works well to physically show children how this works with a handful of change and the labeled jars.

Help Young Children Choose Savings Categories
Once young kids understand how saving money works and how they can benefit, they are often eager to get started. Help your children choose a couple items or activities as savings goals, that aren’t too different.

You might also want to establish a mandatory category with a set amount of savings. For example, gifts for brothers or sisters, Sunday school offerings etc. Even a small percentage, maybe a nickel or dime out of each dollar of allowance can go a long ways in teaching values such as generosity and discipline.

Encourage Kids Money Saving Efforts
As young children are learning how to save and budget money, positive feedback for their successes is important. Stay involved with your child’s money saving efforts, even if you think the items or activity being saved for is trivial or worthless.

Reward Young Children’s Money Saving Efforts
Create money saving games to share with young kids to make the activity more fun for them. For instance, you might have one day a week in which you reward them with surprise small amounts of money for extra help they do on their own around the house. Or a money matching game in which you match their accumulated savings towards a more expensive goal.

Allow Young Kids to Blow Some of Their Allowances
Most of us like to spend some money impulsively at times. Young savers are likely to enjoy saving money more if they also spend some on unplanned activities and items. Allowing your kids the fun of blowing their allowances sometimes will help encourage them to save as well

http://www.ixgw.com/2010/06/how-to-teach-your-child-learn-to-save-money/

Find More Save Money Articles

Teach Children to Save Day

April 12, 2011

Banking for Youths

Teach Your Child to Save Day, is just around the corner and it is the perfect opportunity to not only teach kids in elementary school the important behavior of saving, but where saving fits into the larger money management picture. “As a former financial services professional and now as an educator, I’ve learned that you cannot begin too young to develop in kids a sense of delayed gratification and to teach them the crucial life skills associated with responsible money management,” explains Susan Beacham, founder and CEO of Money Savvy Generation.

Almost three quarters of parents feel unprepared to teach the basics of personal finance skills to their children, yet they really want this message taught. Teach Your Child to Save Day presents a unique opportunity for banks, credit unions, and other financial service organizations across America to help parents teach their children how to get and stay smart about money. This Teach Your Child to Save Day, share with parents 5 quick money savvy tips:

1) They have choices. There are four choices for money: Save, Spend, Donate, and Invest. Children should be taught that they don’t have to spend every dollar they get.

2) They need goals. Saving without a goal is like playing football without touchdowns. No fun!

3) They should pay themselves first. A child should be taught to save a portion of every dollar.

4) They need an allowance. Pay children in cash and let them manage that money. That way they will learn that when money is gone, it’s gone.

5) They need good role models. Children are keen observers of parental behavior. So pay bills on time, use cash rather than credit where possible, and take them to the bank when you make a savings deposit.

Money Savvy Generation has worked with all types of financial institutions who want to teach the basics of money management to children. One approach is to introduce a classroom to the company’s Money Savvy Kids Personal Finance Fundamentals featuring the four chambered, award-winning Money Savvy Piggy bank.

For even younger children (kindergarten through grade1), another approach introduces them to the Money Savvy Pig hand puppet who tells personal stories from his own life to convey the importance of saving, spending, donating and investing. Each story takes about 10 to 12 minutes and is accompanied by color images, songs, workbook activities and the “When You’re Smart with Money” poem poster.

To learn more about these programs, visit the company’s website www.msgen.com or call 1.866.390.5959.

About Money Savvy Generation

Money Savvy Generation, www.msgen.com, develops innovative products and services to help parents and educators teach kids the skills of basic personal finance. Money Savvy Generation developed the award-winning Money Savvy Pig piggy bank, supporting curriculum – the Money Savvy Kids Basic Personal Finance – for elementary school age children, and the Cash Cache Beginning Personal Finance Organizer for pre-teens and teenagers. Money Savvy Generation also offers a podcast series and a website discussion forum allowing parents and teachers to communicate one-on-one about the topic of financial literacy education for children. Money Savvy Generation was founded in Lake Bluff, IL.

http://www.aba.com/abaef/teachchildrentosave.htm

More Save Money Press Releases