It doesn't hurt to start off early with your children when it comes to learning how to value the mighty dollar. I know I would do anything to ensure that my kids have the best possible life experiences and, hopefully, not ever have to be stressed about finances in their lifetimes. My oldest son (23 mos.) already has his own piggy bank. And gets a kick out of saving money in it (without ever wanting to take the money out).
There are a number of ways you can teach your children to form healthy savings habits. This article offers some age-specific teaching tools.
1. Teach Your Children the Value of Money
2. Earlier Is Better
3. Where Does Money Come From?
4. Children and Allowances
5. Make Saving Interesting
6. Banking and Investing
8. A Little Learning Can Pay Off