Hills Bank Savings Plan for Kids

GOAL: new bike

Set a savin g s g oal

What are you saving for? It might be something big like a new bike, going to college, or a car. Saving can be hard to do, but if you set a goal it will be easier.

100%

$100

75%

$75

What are you saving for?

Create a chart and mark it as your savings grow,

50%

$50

then you can see your progress. Another good motivation is to look at a picture of the item you’re saving for. Simply hang a picture on the wall of your room, so you see it every day when you get up.

25%

$25

Parent Tip: We look over account statements and interest notices when they arrive in the mail so the kids can see the changes in their account balances based on their activity and watch the balances go up as interest is added. This reinforces the value of making regular deposits and gives us a chance to talk about the concept of earning interest on their money. - Hills Bank employee

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