How to Use Kids' Giving Banks and Tithing Banks
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Tips for Using Kids' 4-part Giving Banks and Tithing Banks
This Squidoo lens has the information that you need to know BEFORE buying a Giving or Tithing Bank. Here you'll find the answers to the questions that you're going to have after your new Giving or Tithing Bank arrives.
Remember, all simple things are brilliant - until you try to put them into practice! Like, on Friday night when you're tired and trying to divide $1.00 into 3 equal portions . . . that's when the cursing begins. That's why this lens was made for you - to learn how to use a Tithing Bank successfully.
A Child's Donating, Giving, and Tithing Habits
Whether your children donate now, or you want them to eventually donate regularly, tell us what you think would be a comfortable percentage for you to have your child donating, giving or tithing. [Looks like 10% is winning the race by a landslide. Hmmm, I wonder where that figure originally came from? ;) ]
5 Questions about Using a Giving Bank or a Tithing Bank that you've purchased
And maybe even grumbled to your spouse under your breath ;)
- Why must we be shoving dollar bills into teeny tiny slots?
- How come these cottin-pickin' banks make you break a sweat getting the money out?
- Has ANYONE - EVER - divided any dollar amount evenly by 3?
- How is this investment portion supposed to grow anyway?
- And the all time favorite, "Honey, do you think the kids will ever really like this bank?"
The 5 Answers to Your 5 Questions
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Why must we be shoving dollar bills into teeny tiny slots?
No one should have to shove money - especially into a bank! What does this teach our children? Mishandling money is normal. Oooops - sorry, wrong message. That's why I advocate making your own Giving Bank or Tithing Bank - because there is NOT ONE Giving Bank or Tithing Bank on the market that treats coins and paper money with intelligence or respect. -
How come these cottin-pickin' banks make you break a sweat getting the money out?
Because they are based on a negative, self-destructive Depression-Era mentality of lack, lack, lack. As in "I, the piggy bank, am not going to let you take that money out because you may be starving one day!" It's also a message of disempowerment - that the child isn't smart enough to use his/her money wisely once the money is removed from the bank. Those are opposite messages of the Giving Bank or Tithing Bank. Our financially smart and abundant banks are supposed to be teaching our children to graciously give and receive, and use and invest our money wisely so that it multiplies, and so that we can give even more next time. Money needs to flow easily both in - and out. [see last sentence in Answer #1 above] -
Has ANYONE - EVER - divided any dollar amount evenly by 3?
NO. That's why I STRONGLY recommend a 4 part bank. Want to know their names? Okay, I'll tell you:
More Money (because it's more fun than calling it "investing")
Donating/Tithing
Spending
Christmas/Holiday Gift (for the child to buy for others)
How many quarters in a dollar? 4
How many $5 bills in a $20 bill birthday card from Grandma? 4
How many nickels in twenty cents? 4
There now, the World is in Order. -
How is this investment portion supposed to grow anyway?
The "investment" or MORE MONEY (as I call it) bank section should be added to each week - with INTEREST or, Return on Investment (ROI). That means that you, the parents, need to decide ahead of time how much, and based on what formula, the ROI is going to be.
Confused? It's okay. You probably figure, they're kids. Isn't it good enough that they are saving that money and it will grow each week with each additional deposit? Nooooo. That's not okay. Because you are teaching them that an Investment account operates the same as the Spending account - and there's no benefit there. This Giving Bank should be the basis for great lifetime money management habits. Otherwise it's just a thinly veiled, short-lived game. Opt for the long-term wisdom.
Investment Money must have its own Rewards, or, Return. There's ROI and then there's Compound Interest.
Okay, now I see your eyes glazing over. -
And the all time favorite, "Honey, do you think the kids will ever really like this bank?"
Of course they won't like it long term. When was the last time that you or your child ever really truly embraced a completely plastic item on a long-term basis? [okay, other than Ziploc Freezer Baggies - but even those are disposable] Plastic conveys short-term, disposable, cheap.
Financial wealth, independence and a life of donating or tithing, involves fundamental, steadfast, heavy-weight, solid values. So does a hand-made item. Want to learn the simple basics of how to make one? Visit my How to Build a 4-part Kids Wealth Habits Bank Squidoo lens.
How Long?

Go ahead, pick your answer now. [Pretty even voting so far . . . ]
(Then find the answer near the bottom of this page.)
Giving Banks for Kids
Kids' Tithing Banks
Want to know more about what makes a good 4-part kids bank? Go to the Squidoo Lens Kids Bank.
Cool Kid's Banks
BUT, if you love getting white glue on your fingers and creating funny looking creative creatures with your kids, then go ahead and get this cool creative bank kit - it makes 2 banks. And, if you get 2 kits, then you'll have your 4 banks!
Kids' Donation Idea
- Rescue a Child - with a stable home, love, hope, faith, an education, and a long-term community
- Raise a Leader
- Rebuild a Nation
WATOTO
Get the kids involved.
Why Do I recommend Dividing Money Into 4 Equal Banks - instead of 10% to Charity?
Because if a child learns to operate on 75% of his/her income for 10 years as a child, then, when he/she becomes an adult, he/she will find it infinitely easy to operate on 90% of his/her income.Who knows, your child could develop such wealthy habits that he/she continues to donate/tithe 25% of his/her income - and live joyfully and abundantly on the rest. People have done it. People do it. Your child could be one of them! :) :) :)
I'm here for my . . .

11 Things that I bet you HAVEN'T thought of yet
- How do I explain Return to Investment (ROI) to my child with this Children's Giving Bank or Tithing Bank?
- Okay, now, how do I calculate my child's Return on Investment every week - without using my fingers or a calculator?
- Right, now, how do I make sure I can afford to give, and have the money on hand to give, my children their Return on Investment every week?
- ROI? What's that? Anyone know where I can find out - FAST?
- Isn't it easier to divide things by 4 than 3?
- How, oh how, to I stop my children's incessant MURMURING about money and using the Giving Bank or Tithing Bank?
- My kids say yeah, yeah, yeah, as if I'm lecturing them, but I thought I was being nice - heck, I was doing a muuuuccch better job than MY parents did!
- Even though my kids are giving their Giving/Tithing portion to charity, why are they still careless with their spending money?
- Is my child really going to like using this bank when he/she is older?
- Okay, so my children are learning to set aside money for charity and church, but how about learning the manage the rest of it wisely?
- Isn't there a better answer than "money doesn't grow on trees?"
The Answers
- These answers (along with a few others) span over 100 pages, which is why I wrote the book!
- So, get it at www.KidsBankBook.com now for $27 and get your kids' money relief started now.
- Notice, I didn't make you wade through pages of brightly-highlighted and bolded sales pages of hype and alleged discounts before you found out the price? Why? Because I respect you and your time (as I do mine). My view to buying online is, "I know what I'm looking for - some information, then some thing to own for more detail and reference. Tell me how much it is, so I can get it and move on. That way, I can go about my day like the efficient, effective adult that I am.
- Or, visit my other Squidoo lenses related to this topic.
- Kids and Money, which is about "How to teach your children (ages 5 - 17) how to create & share wealth"
- Allowance and Kids, which is about, hmmmm, now let's see, I always forget that one ;)
- Or, visit my www.kidsbankbook.com page about What You Wish Your Parents Had Taught You About Money
Kids & Money - Teaching Wealth Habits to Your Children
Have you realized that you'd like to spare your children the burden of repeating your money mistakes? (or, of the poor money lessons that you were taught as a child?) Do you want your kids to learn NOW - while they're young - the money wisdom and skills that you are acquiring on the "Get Out of Debt Now" or "Law of Attraction" paths that you are (fortunately) now on?Would you like your kids to learn Abundance and Wise Money Management now, when they're young? Would you like your kids to build strong habits that will help them save, spend and donate money wisely?
.
Go To The Kids' Bank Book Now to get the e-book.
Want to Learn More about Kids and Money?
How to Build a 4-part Giving/Tithing/Abundance Bank for Kids
Hint: It's FREE!
1 Great CD and 3 Great Movies
All about the Spirit of volunteering and the meaning of Life. The Best of the Best. If you only owned this 1 CD and these 3 DVDs, you would be continuously connected to the Best of Humanity.
[The little arrows let you vote your favorite up to the top - so, Feel Free!]
1
"Go Light Your World" CD
Kathy Troccoli's Greatest Hits cd. This song is the true essence of volunteering - and of living in the spirit of The Spirit. Haven't heard it? You're missing an incredible experience!1 point
3
Smile
Stepping out (of your comfort zone). Reaching out (to others). Volunteering (to heal others and yourself). Based on 80,000 true stories. What an feeling!0 points
4
Casablanca
Standing up for what you know to be true always involves sacrifice. Lose yourself in the classic!0 points
Gratitude - One MIllion Thanks
Best CD on How Money Works
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and the Middle Class Do Not!
Amazon Price: $33.99 (as of 06/01/2012)![]()
Robert Kiyosaki's story captures you right from the beginning. As he says, "The dilemma was that my Rich Dad was not yet rich, and my Poor Dad was not yet poor." Follow along with Robert Kiyosaki as a boy while he learns how money REALLY works - and thus, how to have money work for you, rather than you working for money.
Wait til you hear about his first "job" offer!
Why do you like Donating, Giving or Tithing?
[or, why do you like this Tips for Giving Banks Squidoo lens?]
Sharing is good - especially your thoughts and experiences. So, go ahead - let us know!
BTW, got a Giving Bank or Tithing Bank question? Ask it here!
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lizholy
Mar 30, 2012 @ 11:16 am | delete
- Wonderful... I am teaching all my six children how to tithe and invest. I have Kiyosaki's book, but never thought about listening to it with them... great idea.
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mihgasper
Jan 21, 2012 @ 9:39 am | delete
- Very interesting topic. I have some pretty different opinions about money and kids, but I certainly agree we have to spend time explaining the rules from financial world and give proper examples. Thanks for all valuable info. Thumbs up!
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ideadesigns
Apr 13, 2011 @ 11:12 am | delete
- Donating as the Lord leads feels the best way to give. Sometimes just giving stuff away instead of garage selling is a great time saver and helps someone get what they needed. I've always given our childrens clothing to those with kids of similar age. Doesn't it feel good!
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tiff0315
Feb 3, 2011 @ 12:58 am | delete
- I love your lens! Great information and motivation for me to get started on those money banks!
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Blessedmombygrace
Jan 19, 2011 @ 5:40 pm | delete
- Great lens. Now I'm off to go read how to make the bank...
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SnoopyGirl1 Jan 19, 2011 @ 1:59 pm | delete
- My mother taught me about giving since I was a child and modeled this to me. I have found that in tithing and giving to others, through lean times and full times, I have always had enough. I have not started a giving bank with my kids, but I do give them offerings each week and have taught them a bit about giving. Maybe I will make a bank with them.
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23squidoo
Dec 17, 2010 @ 1:23 pm | delete
- Great lens! I wish I'd done this with my children, but I'm definitely going to do it with my grandchildren someday. Wish my parents had done this with me - it would have saved me lots of grief. Thank you!
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Senora_M
Dec 14, 2010 @ 2:57 pm | delete
- That's so cool. I have been wanting one of these for my sons. They are too little to understand them now, but they are so cool. Thanks for the lens!
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rms Sep 17, 2010 @ 6:06 am | delete
- Wonderful lens!
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kab
Apr 29, 2009 @ 11:30 am | delete
- The Giant Squid Greeters are kicking off a fun team challenge. You are hereby formally invited to join my team: Kab's Fab Squid Squad. I think you'd be a great addition to the Squid Squad. The deadline to join is May 1.
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My Current Favorite Quote
Where You Are
With What You Have.
- Teddy Roosevelt
Biblical Tithing for Children
"Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver" (2 Corinthians 9:7).
ALLOWANCE
Fiction Book for Kids that teaches about Making Money
It also has the added bonus of showing how 2 siblings (who are in a contest against each other) earn money in their competing lemonade stands. So, it covers alot of the basics of running a business - inventory, cost of goods, gross revenues, expenses, profits - without "preaching," but just by "showing."
If you're looking for a good kids' fiction book that deals with making money, this is IT!!!
Birdwatching with Kids
The Parent's Bank - a good Cash Box
From your wallet or change jar at the end of the week?
Not so dependable.
Try a CASH BOX instead. The money'll be there, ready to dispense. Know what else? It'll SHOW (without "telling") your kids that you're organized about money.
Money Help - for Adults
Get your kids on the right track early, and improve your home finances - no matter where you stand now!
ANSWER - How Long?
20 DAYS!!!
NOW THAT shows the beauty and the power of compound interest!
Making Memories with Your Family - Family Game Night
How did other Kids get Rich?
Another Wonderful Donation Idea - for Kids
If you've never made an Operation Christmas Child shoe box before, you'll love it. Since the Collection Week for Shoeboxes has come and gone (the week before Thanksgiving), a great idea is to go online and choose a gift from Samaritan's Purse Gift Catalog - and choose a gift that will make a real difference to a family in poverty - chickens, bees, cattle, water.
by TheresaMarkham
Theresa A. Markham, Esq. is a divorce lawyer, and loves living in NW NJ with her family, writing and teaching. Squidoo by Tree more »
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