Secrets of Success

Give Gifts Of Savings

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Set a good savings example for children by giving them "savings" gifts. Savings bonds come in various denominations so you should be able to find something you can afford. Bonds are especially good gifts if you live far from the recipient & don't know sizes or preferences. They can be mailed, but make a copy for your records in case bonds are lost in the mail. Other good "savings" gifts are CDs or a deposit to a 529 college fund or other bank account. A promise to match a.... (continued)

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..child's savings up to a certain amount is also a great gift. Or how about a battery operated bank that adds up coins as they are deposited? You can also buy one share of stock or use share builder to buy a few shares now & then. (You might want to include a small item to unwrap or a $5-$10 bill.)

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  • And this is so important to do, save for the future! I have seen many children's gifts go to the landfill and then they have no money to further their education. It is a real sad commentary on our society. - by SAL1512

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