How to Build a 4-part Kids Wealth Habits Bank

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How to Build a 4-part Kids Wealth Habits Bank (from "The Kids Bank Book")

Welcome! You're probably a parent who recently visited my How to Teach Wealth Habits to Your Kids Squidoo lens and wants to know about the 4-part bank for your kids.  Great!  You're in the right place.

[If you didn't come by way of my other "Kids & Money" lenses, then this lens will make alot more sense to you if I clued you in that my book The Kids' Bank Book is about teaching wise money management to your children with fun, ease, smiles and laughter.  One of the tools in the book is a 4-part "Giving Bank," "Tithing Bank," or "Abundance Bank."]

Let's get to it!  Yeeaaah!

What's in a 4-part "Giving Bank" or "Abundance Bank"? 

[Warning: These categories are according to me ;) ]

A "Giving Bank" or "Abundance Bank" or anyother name for a 4-part bank usually has an aspect of donations to it.
  1. MORE MONEY part
  2. Spending part
  3. Donations part
  4. Christmas/Holiday/Birthday Gifts FOR Others part

How to Make a 4-part "Giving Bank" that Works 

Here are the basics - get the finer points (and the why and wherefores) in The Kids' Bank Book. [I'm an attorney - it's illegal for us to write a short sentence. If these are the basics, can you imagine what the DETAILED version is like?!]
  1. Get 4 coffee cans (yes, I know Starbucks and DunkinDonuts don't sell coffee in cans, so maybe a short oatmeal container would work) for each child
  2. Put a large slot in the top of each
  3. Put all of your kid-friendly paints, markers, glitter, glue, scissors, stickers, inkstamps, construction paper, felt, yarn, ribbon and pipecleaners (and 4 containers) onto your kitchen table.
  4. Invite your children to the table
  5. STAND BACK - WAAAAAAY BACK
  6. After the children have fallen to the floor exhausted from artistic expression, let the artwork dry
  7. Get a shallow box bottom to hold each set of four cans
  8. Ask each child to write the Bank's name on each can (or on a paper and glued to each can) -
  9. More Money
  10. Spending
  11. Christmas/Holiday/Birthday Gifts
  12. Donations
  13. Insert an envelope into each can to hold the dollar bills neatly
  14. Smile - you and your children have done well :)
  15. Think to yourself, hmmmm, I bet they'll embrace their own creation more than that lifeless plastic sub-divided plastic thing that I almost bought and stuck onto their bookcase ;)

4-part and 3-part banks for kids 

LearningCents Bank - Blue

Amazon Price: $24.95 (as of 12/20/2009) Buy Now

ABC Learning Bank (Kids Bank)

Amazon Price: $12.82 (as of 12/20/2009) Buy Now

Mudpuppy into Space Money Bank

Amazon Price: $13.00 (as of 12/20/2009) Buy Now

Mudpuppy Garden Flowers Money Bank

Amazon Price: $13.00 (as of 12/20/2009) Buy Now

My Giving Bank: 3 Banks in 1

Amazon Price: $13.59 (as of 12/20/2009) Buy Now

20% OFF for Squidoo-ers

20% OFF The Kids' Bank Book e-book regular price of $27

Use Squidoo Coupon Code: Christmas

Get It Soon - Coupon Expires December 24, 2009!

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

Remember: Use Coupon Code CHRISTMAS to get your 20% OFF the regular price of $27 - BUT get it now because this offer ends DECEMBER 24, 2009!

Want to Learn More about "The Kids' Bank Book?" 

Get lots more info @ my Squidoo lens about Kids & Money and The Kids' Bank Book

Get Your FREE "5 TIPS to Wealth Training Your Kids" via email 

This is a good place to start (before jumping on the path to your family's financial freedom). Get the FREE 5-day Tips to Wealth Training Your Kids e-mail. Not for wimps - 5 fairly-in-depth discussions of 5 issues relating to kids and money and families.

DO THIS NOW! Then you'll have the first topic waiting for you in your e-mail by the time you're done reading this Squidoo lens!

OPEN a new window (because you can't do this on Squidoo anymore) - and copy & paste this:

http://www.kidsbankbook.com

- then keep reading the helpful info on this lens & my other children's lenses

The Must Read Book for Parents to learn how to have Money Work for You 

Kiyosaki is a great story teller, which makes this book super easy to read. Learn what the rich teach their children that the middle class and poor don't. Remember, you can't teach concepts that you don't know.

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

Amazon Price: $9.90 (as of 12/20/2009) Buy Now
List Price: $16.95

My Favorite Charity 

Giving is good.

Did you know that 10% of the profits of The Kids' Bank Book goes to Champ House?

My 2nd favorite charity is also listed - Watoto - read my Squidoo lens about Watoto and find out why!

You Choose Your Wealth Habits Pace for Your Kids 

If Kiyosaki's "Rich Dad, Poor Dad" is a must read for parents to learn about money, then "The Kids' Bank Book" is a must have for parents to pass the wisdom on to their kids, like "rich parents" do! (even if you are not YET rich!)
Kids' Bank Book Shopping Cart
Go directly to the Shopping Cart and get your $27 ebook instantly. Over 100 pages, plus 3 appendices, plus 20-page Excel Spreadsheet with you can customize to fit your family's specific situation. This link takes you right to The Kids' Bank Book shopping cart - for those who are ready to get their children on the road to wealthy habits now.
The Kids' Bank Book - home page
Want more information about The Kids' Bank Book? Who uses it? Why? For what? Is it right for me and my kids? This is The Kids' Bank Book Home Page.
Blog: A Year in the Life (of a Kids' Bank Book Family)
Want to know what you can expect from reading and using The Kids' Bank Book tools, strategies and suggestions in your home? Find out here! Follow this (fictional) family through A Year in their Life on the road to wealth habits and financial freedom. You'll have fun!
How to Teach Wealth Habits to Your Kids
Have you realized that you'd like to spare your children the burden of debt and money-mismanagement that led you to the "Get Out of Debt Now" or "Law of Attraction" path that you are (fortunately) now on?

Kids' Craft Stuff on eBay 

If you don't already have it in your cupboards, then you could stop by the 5 & 10 store, or get it from eBay. Here's what's on eBay for kids' crafts - might be good for this project - or one for another day!

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eBay

Tell us what you think! 

Or, your questions about kids and money.

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If you build it - get the instructions book to teach your kids to use it! 

A 4-part bank is pretty useless if not used!

Get the book that will give you the step-by-step EZ how-to instructions of how to teach your kids about money with a 4-part bank - get the tools to teach them money wisdom now.

Click here for the The Kids' Bank Book!

Squidoo by Tree 

Want to explore my other lenses? All made with the same passion :) They're all listed here - but ORGANIZED to find what you want FAST! Wishing you,

All the Best,
Tree

My Current Favorite Quote 

Do What You Can
Where You Are
With What You Have.

- Teddy Roosevelt

by TheresaMarkham

Theresa A. Markham, Esq. loves living in scenic Northwest New Jersey with her husband, Chuck, and daughter Zoe, who are visited by her GWU-colleg...

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