Quit Telling Your Child “No” At The Store.

 Tired of being the bad guy at the store? Quit telling your kids no and do this instead. #thingstosaveupforasakid #kidsavingsplan #children #ideas #money  https://www.moneyprodigy.com/quit-telling-your-child-no-at-the-store/ How great would it be to come up with a pre-made list of things to save up for as a kid for YOUR child…and at the same time be able to quit saying “no” to your child at the store to all the stuff they want?

Do you think I’m CRAZY for saying that you should quit telling your child “no” at the store? Stick around. I promise there’s really a money lesson in this for your little one.

Hi, I’m Amanda L. Grossman from MoneyProdigy.com where I teach kids aged 8-13 how to save money through educational adventures, like the Mt. Everest Money Simulation.

And I’m a mother, too. The amount of “no’s” that we get to dish out each day is unreal. It gets tiring, and honestly, sometimes I feel bad about saying “no” all the time!

So, if “no” has become your store mantra, I want you to try these two No-Proof Store Trip Strategies.

No-Proof Store Trips Strategy #1: Make a Wishlist of things

Your child can carry around a notepad/pencil, or you can keep one in your purse. And each time your kiddo has his mind fixated on something on the shelf – something that surely will change his entire existence and be the bee’s knees and he’ll be sure to play with it for umpteen years and take care of it and everything – you are going to ask them to write the item down on their Wish List.

Now, how can you use this wish list?

You could:

:: Save it for Christmas/holiday times and give your child a head start on their wish list.

:: Use it when relatives ask what they should get your kiddo for their birthday.

:: Use it as a cooling off period. Set up the expectation that any thing they write on the wish list is sealed for 48 hours, a week, or a month. After that time, you’ll both assess whether or not to actually buy the item.

No-Proof Store Trips Strategy #2: Put the Responsibility in their Lap

You’ve got perfect fodder to capture your kid’s interest in learning about money. And more importantly, in learning about how to save money. So, let them save up for it!

Their wish list can be the first step in going through a savings goal setting exercise for your kiddo.

Now that they’ve got a bunch of ideas, take them through this 1-page guide (click below) to narrow down their savings goal to the one that will yield the quick win. Because right now, they need quick-win savings goals to keep them interested in the process of setting a target savings goal and giving them some confidence in actually reaching it.

How to Make Saving for Kids Second Nature

My kid never wants to save money...in fact, it seems like saving for kids is just too hard to do. I'm willing to give this a try! #parenting #parentinghack #savingforkids #kidsavingsplan #children #ideas #money | https://www.moneyprodigy.com/how-to-make-saving-for-kids-second-nature/

Wouldn’t it be amazing if saving for kids (YOUR kids) was second nature? Let me show you how to get there.

Have you ever noticed that, aside from that 10% or so of kids who seem to have been born with a money-hoarding mentality, saving for kids is about as “second nature” as driving a car for the first time?

I want to tell you not to worry, because savings can eventually become second nature, especially with the tips I’m about to share below.

Tip #1: Designate a Savings Space

If you set up the expectation that there should be some savings, chances are better that it will actually happen. So, set up some savings space for your child, whether that be in a jar, cool piggy banks, at a bank (here's one of the best accounts to start for a child), or anywhere in-between.

Tip #2: Let them Name their Savings Space

The easiest way to get a child to care about saving money is by getting down to a savings goal for something they want to be/do/have. I talk about that much more in depth here. Once they have that savings goal narrowed down?

Psst: Here’s a 1-page guide you can go through with your child to narrow down all the things they want to do/be/have to the one with the quickest win to start their target savings journey.

Then you want to encourage them to name their savings space something fun having to do with it. You could put a label on the outside of a mason jar, or add a nickname to their savings account online to do this.

Tip #3: Set Up a Consistent Kid Money System

Let me ask you something. So, your boss gives you a $1000 check this week. And two weeks ago? It was $2600. And then two weeks from now rolls around. Guess what? You get nothing.

You’re probably feeling kind of flabbergasted, right? Worse yet, since you don’t have consistency in what you’ll be receiving, you can’t really plan for anything, you’re putting out fires, and you don’t trust that the money is coming so you aren’t putting anything into savings knowing that more will be coming soon.

Your Kid Money System matters, and if it’s not consistent, then your child probably won’t save money. Your child needs to know when they’ll be receiving money and how much they’ll be receiving, in order to plan ahead for spending (which really means, in order for them to feel like they can actually save money and even create a savings goal, instead of spending all of it today).

Pssst…Not sure how your Kid Money System stacks up? Click the image below to download a free Kid Money System Scoresheet.


Not only does your Kid Money System need to be consistent, but it also needs to have clear money boundaries and responsibilities outlined so that your child understands WHAT they are responsible for and what you are responsible for paying.

Because let’s be honest: if you thought YOUR Mom was paying for your new sneakers, would you save a penny for them? Heck, no! I sure wouldn’t (Mom, if you’re out there, I’d like the Nikes).