“A penny saved is a penny earned” is Benjamin Franklin’s famous quote about money. It is also the first lesson about saving money that children can learn. This quote emphasizes the notion that saving money can be as beneficial as earning money. Every penny counts, and can bring a feeling of satisfaction and self reliance in children. When children save money, they will have money to show for their efforts. Every penny saved can bring a child that much closer to his or her goal. It also gets a child in the habit of saving money.
“A penny for your thoughts” is a saying that means I can see that you are thinking about something. What are you thinking about? If your child needs coaxing, “A penny for your thoughts” is a gentle form of prodding that also makes an affordable bribe when all else fails. If you are taken up on your offer, a penny is a reasonable price for quality time with a young one.
A “Penny pincher” is a person that is usually considered cheap or at least frugal. But in this economy, everyone is becoming a penny pincher! Children can learn how to pinch pennies too. Children can clip coupons, look for sales items in the supermarket and saving lose change from pockets and wallets at the end of the day. A penny pincher works hard to find ways to save money and knows firsthand that a saved is a penny earned. That’s the power of the penny!
Candi Sparks is the author of the “Can I Have Some Money?“ children’s book series about money sold on Amazon.com. She is on FaceBook (Candi Sparks – author) and on Twitter (Candi Sparks). Her website is www.can-I-have-some-money.com.