This money saving tip for teens especially works well for teenagers who have jobs and spend their own money, as filling a change jar with your change doesn't really get the savings point across to them. Change jars can be as simple or as elaborate as your teen wants to make it. The most effective type that I've seen is a simple one that's lid is glued closed except for a slit at the top. Then the teen writes the goal directly on the jar in permanent marker. As the jar gets filled, the teen gets closer to their goal and you've taught them a simple savings technique.
More: Thrifty Tips for Families
- Five First-rate Opportunities to Talk Money Sense with Your Teen
- 10 Creative Ideas for Giving a Money Gift to a Teen
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