Kids and the Almighty Dollar

Posted by Danielle Clopton on August 31, 2016

Kids and the Almighty Dollar Blog

I am a firm believer that kids should be taught the value of the almighty dollar.   I think too often in today’s time, parents hand out money but miss the chance to teach their kids a lesson.

Now, before I go any further, please understand.  I am not saying you cannot splurge on your child.  I am guilty of this too!  I don’t think there is anything wrong with rewarding your kids.  All I’m simply trying to say is – many times we, as parents, pay for that toy or candy bar in the store just to get five minutes of peace and quiet. Then, what happens?  You feel guilty that you rewarded your kid, and they didn’t really do anything to deserve it.

I think kids should be taught that nothing in life is free.  How do I teach my child the value of the almighty dollar you ask?  Well, DuGood offers a fun and kid friendly way to help kids save money.  It’s called the DuPup Club.

How does it work?  Here’s the scoop!   The DuPup Club is for kids from the age of 12 and younger.  A savings account is opened for you child.  Then, every time they come to the branch with a parent or guardian and make a deposit of $5 or more, they receive a “Bone Buck” stamp on their DuPup Savings Card.  Once their stamp card is full, they can redeem it for fun prizes!

That’s not the only cool thing about our DuPup Club!  Several times throughout the year, the credit union holds drawings for DuPup members.  Just an example – last year, DuGood offered a drawing for DuPup members to receive a Christmas stocking full of toys and fun stuff.  We also held a drawing for tickets to Elise’s Family Fun Center.  How awesome is that?!

Not only are kids learning money skills, but they’re getting chances to win free stuff too!  We need to take the time and teach them as much as we can, so they can grow up and become the successful adults we hope they’ll turn out to be.

DanielleDanielle Clopton is a proud momma to one beautiful little girl.  She is passionate about giving back to the community and currently works at DuGood’s Port Neches branch.  Danielle has been a credit union member since 2007.  She is also a graduate of Port Neches-Groves High School and has studied at Lamar University.

Topics: Budgeting & Saving, Family