20 Feb '14, 12pm

Teaching kids the value of #money #education #finance

Not long after my two daughters began primary school, I got them a piggy bank each. I'd like to say I was giving them a headstart in financial literacy but the reality was that I needed something to manage the loose change they were bringing home from their leftover pocket money. Over time, the piggy banks grew heavier and heavier. I ignored them until Yanbei, my younger daughter who is a diligent saver, noted that there was no room in hers for any more coins. It was time to empty the banks. When I was a little boy, I had a porcelain piggy bank, which had to be broken to retrieve the coins inside. Or, if you had the patience and dexterity, you could tease them out of the slot with a toothpick one at a time. I didn't have to do any smashing with my daughters' savings. These are more environmentally friendly times and my daughters' pigs can be reused after emptying them with...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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