Savings 101

Not so long time ago, Kiel got very curious after seeing his Ate Kassie’s piggy coin bank. He wants to hold and play with it all the time because he enjoys the sound it makes when he shakes it. Eventually, his Momsie (my mom) got him his own piggy coin bank in a different color. Since then we have been constantly giving Kiel our spare changes (in 5’s and 10’s) so he can put it in his coin bank. At times he will get excited and sometimes, not at all, and it’s okay. We just wanted him to learn the habit of saving that could benefit him in the future. Eventually it got full and Kiel received his second piggy from his Mamita (MIL).

Last week, we opened the two coin banks because they are getting full already. And to our surprise, the coins amounted to almost Php 5,000! We got excited as we stacked up the coins and put them inside individual plastic bags. In the coming days, we’re going to go to the bank to open an account for Kiel. It may not be much but we know it’s a good start to teach our son the value of saving that will surely benefit him in the future. And as parents, we’ll try our best to explain to him why we have to do it. Oh, and by the way, I already bought Kiel two new coin banks to get him started saving again.