This episode of the Your Recipe for Financial Success podcast was published on 6th May 2021. You can listen again by heading to our Episodes page, or on your favourite podcast player.

In this episode, Julie, Emma and Becky go over some ways that you can encourage your little ones to save money. They chat about some of the formative aspects of money habits and how they can be picked up in childhood, as well as looking at some apps that you can use to help encourage your little ones to get better with money. Plus, special guest Eddie Teddie talks about his new projects!

Episode Highlights

Here are some of the top tips from the podcast:

• It’s never too soon to start teaching children to save, and talk to them about the value of money.
• Open a bank account for your child – make it into a fun outing!
• Shop around for savings accounts – there are some deposit accounts paying interest in the region of 3%, including Junior ISAs!
• You can also buy Premium Bonds for your children too!
• Have a look at some Pocket Money Apps – Go Henry and Rooster look like good places to start!
• Try the NatWest game, Pigby’s Fair to get your children thinking about money.