ASSIGNMENT:

The best way to get kids saving

Last updated 14:00 20/03/2014
Money
123RF

BIG SPENDERS: The majority of those surveyed said their kids didn't know how to manage their money.

Related Links

Kids working hard for the money

Relevant offers

Assignments

New All Blacks jersey: Are you a fan? How can we eliminate child poverty? For whom should the motorway bell toll? Halloween: Love it or hate it? Work to do for Black Caps as World Cup looms Have you bagged yourself a trophy? Have you made a digital love connection? Your weirdest world travel stories Pet shaming: your photos Has a health scare changed your life?

This competition has now closed. Congratulations to our winner, Anita Stokes.

About a third of 5 to 15-year-olds earn $2 to $5 pocket money a week, while 40 per cent earn between $6 and $10, according to a new bank survey. For those over 15, a third earn $6 to $10 a week, and 36 per cent earn $11 to $20.

But despite the best efforts of some parents, the research by the Co-opertive bank shows the money message is not getting through to everyone.

More than three-quarters of those surveyed said their children were either clueless about money, or could be better.

Share your favourite ideas for getting kids to save money. If yours is the best, you could win, from the Co-operative Bank, an iPad mini and a $500 credit for a new or existing Dollars and Sense or Dosh savings account that you nominate.

(Submissions must be received before 12 noon on Monday March 31. Employees of Fairfax Media and of the Co-operative bank are not eligible to enter. The top 5 entries will be chosen by Stuff and sent to the bank for a winner to be selected.)

Click the green button to get started. 


View all contributions
Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content