Save, Spend, Share Financial Literacy

New Market Bank and Market Financial want to help parents put their kids on a path for a solid financial future.  We know financial literacy begins by understanding saving, spending, and hopefully, sharing.  Kids know how to spend!  Let us help teach them how to save and share.

Every child under 13 who opens a savings account with us will receive a “Save, Spend, Share” bank (while supplies last).  When the “save” block is full, come in to deposit the money. When the “share” block is full come in and donate to our monthly nonprofit at the same time. The bank matches the donations received during the month*.

Financial Literacy is Key to Effective Money Management for Youth

Former Federal Reserve Chairman Alan Greenspan once stated, “Financial education is a process that should begin at an early age and continue throughout life. This cumulative process builds the skills necessary for making critical financial decisions.”

It’s important for parents, grandparents and even friends to help our community’s youth build a strong financial foundation for them to better understand basic concepts like saving, budgeting, simple interest, and establishing and maintaining good credit.


Save, Spend, Share: Saving Teaches Kids Many Valuable Lessons

“A penny saved is a penny earned,” doesn’t mean much in a world of digital payments and credit card transactions. But for kids without cellphones, checking accounts or credit, coins and dollar bills are tangible tools for learning about saving, spending and sharing as well as counting, addition and subtraction, goal setting, decision-making, prioritization and delayed gratification.


Smart Spending Habits Start with Understanding Needs Versus Wants

“You don’t need it!” we often hear parents tell a child pleading for candy near the checkout lane. “But I waaaant it!” the child replies in a whiny voice. 

Before our eyes, we’re seeing a child learn the difference between a need and a want, one of the most important spending principles to grasp to help prevent financial difficulties later in life. 


Sharing is Important Life Skill

My 2-year-old exhibits surprising (and adorable!) consideration for others at times. Grace will give her toys to other kids to play with and is a good helper at home. When I seem sad, she asks me, “Are you okay, mommy?” as she rubs my arm and stares at me. Then she says, “Mommy, I give you hug.”



ABA Youth & Money: Tips and resources from the ABA Foundation to help youth understand money concepts that will set them on the path to a smart financial future.

Family-At-Home Financial Fun Pack (modules for K-2, 3-5, 6-8, and 9-12)

FDIC Money Smart

How to Teach Kids Good Money Habits

Share, Save, Spend Worksheet

Ask why before you Buy

Practical Money Skills

Sammy Rabbit


Financial Literacy for Kids Resources and Activities from Financial Literacy Tools

The US Mint Coin Classroom

America Saves

Money As You Grow from the Consumer Finance Protection Bureau Resources for Youth

*subject to limitations.