Wouldn’t it be wonderful if you could find a way to help children save money the easy way?
There is no lack of opportunities to give gifts to children. They could be your grandchildren, nieces or nephews. Birthdays, celebrations, special occasions, Christmas are all times when aunts and uncles, grandparents and extended family look for “special” gifts for their relatives.
Money as a Hobby
Teaching children the value of money is a whole different ball game.
It doesn’t have to be a struggle, though. Children love to learn about the things around them. With a little help from you, that learning can take them in a whole new direction, as far as money goes.
Teaching children about money means more than handing them some bills! As a matter of fact, you are likely to get away with less in the “value” amount, and look for more in the “interesting” side of money, with coins, instead.
Every country seems to mint coins for special occasions and anniversaries. Historical anniversaries and scientific discoveries are all celebrated with a special mintage of coin. These are the coins you want to be looking for in your change. Many people don’t care about their coins and spend them without too much thought. So you are quite likely to find some of these “collectibles” in your pocket change.
Collectible Bills and Coins
When these coins are first minted, they are easy to find, but as the years go by, they become a little more scarce until you don’t see them again.
Quite often these coins also increase in value because you can’t find them easily anymore, and everyone wants them.
You can see for yourself from this small sampling of coins that collectors are offering, how much the coins have increased in value. Face value is one part of the coin, but the collector’s value is something else entirely.
Fill a child’s mind with possibilities and anything is possible. If you show an interest in the coins you are giving as a gift, the child will likely want to know more. A good book about coin collecting and a few “interesting coins” that they won’t want to spend is all it takes to open a whole new world for the kids.
Great article! Our grandbabies have sets of the state quarters in the hardback folder that looks like the USA map. They have savings accts too. It’s never too soon to teach them the value of money. Thanks so much for joining in on our Blogging Grandmothers Link Party #1. We sure appreciate you partying with us!
That’s really good to hear. I know my grandchildren have special coins that we have given over the years and once in a while they bring them out and go through them telling us they remember when they received a certain coin. It makes me smile, because I know that they have the memories to hold onto as well.
It’s very important to teach children to use money wisely and plan for the future. I remember getting folders of Lincoln pennies and buffalo nickels when I was a child. Later my dad taught us to save any silver coins we could find after they were removed from circulation. My brother and I also inherited a bunch of them.
Do you still have then Barbara? They do make a great investment. My mother had jars of silver quarters that she sold for the silver and made a nice return. Kids love to look at interesting things and coins with their “special” scenes are just one way to get them to save a few…..
I think it is a parents responsibility to teach children the value of a dollar. It helps them when they get older to budget. This is a great article.
I couldn’t agree with you more Sandy, but when it comes to gift-giving times, many family members struggle with a “proper” gift. Collectible money is a great way to give money and yet have it acceptable to the parents. It may also start them on a really neat hobby.