- May 2025
- Premier America
Money can be fun to look at, hold, and—if you’re a kid—spend as fast as you get it! But learning how to use money wisely can begin as early as preschool. One simple, hands-on way to help children build smart money habits is the Three Jars Method: Save, Spend, and Share.
This easy system gives kids a visual and interactive way to understand the power of choice when it comes to money. Whether they’ve earned an allowance, received birthday cash, or collected a few coins doing extra chores—those dollars can go a long way with a plan in place.
The Three Jars Explained
Save Jar
This is for the big goals. Is there a toy your child really wants? Maybe a new bike, a book set, or something special they’ve had their eyes on? Money in the Save jar is meant for future purchases that take time to afford. It teaches kids patience and planning.
TIP: Put a picture on the jar to remind your kid what they are saving for!
Spend Jar
This one’s for the fun, small stuff! Whether it’s a trip to the ice cream truck or picking out a sticker book at the store, money in the Spend jar is for little rewards that don’t require a long wait. It shows the immediate value of money—and the importance of spending within your limit.
Share Jar
Here’s where the heart shines. The Share jar is used for giving—maybe to a favorite cause, helping someone in need, or even donating to a classroom project. This teaches kids empathy and the joy that comes from helping others.
Why It Works
Kids thrive when they have structure—but also when they feel like they have choice. With the Three Jars method, they learn:
-
Goal setting: “If I keep saving $2 a week, I can buy that toy in a month!”
-
Responsibility: “I’m not just spending it all at once.”
-
Gratitude and Generosity: “It feels good to give to others.”
You can start this system with any jars, cups, envelopes—or even printable jar labels to decorate together!