Why is saving important?

Saving money means keeping some of your money for something you want or need later. Each time you save, you practice patience, planning, and making choices. Even one dollar can be the start of something great.

Three easy steps to saving

1. Pick a goal. Think of something meaningful you want to save for, like a book, school supplies, or a special experience.
2. Choose an amount to save. Put part of your allowance, birthday money, or money you receive into your savings jar or account with a parent or trusted adult.
3. Track your progress. Write down how much you have saved and celebrate every milestone.

Try the Savings Goal Calculator

See how many weeks it could take to reach your goal by saving the same amount each week.

Little savings can add up

Save $2 each week and you will have $20 after 10 weeks. Save $5 each week and you will have $50 after 10 weeks. Every amount counts.

Ask a parent or trusted adult to help you find a safe place for your savings and keep track of your goal.