Teach Kids to Save It is never too early to start teaching children to save! See how you can teach kids of all age groups to practice great saving habits below! Elementary School Start a savings jar. Set a savings goal. Teach them the difference between needs and wants. Middle School Allow them to earn money through hard work. Opt to put their money in a savings account. Offer incentives for saving their money. Set a good example by your own saving habits. High School Encourage kids to earn money through a job. Give them the responsibility of a debit card. Have kids track their spending habits. Establish a simple budget for them to save for college or large purchases (ex: used car, laptop, etc.).