The U.S. Treasury now offers an Easy Saver Program for purchasing savings bonds. This is an excellent way to teach children not only about the benefits of saving money, but also that saving money does not have to be difficult.

As parents we are responsible for teaching our children the significance of saving and how it can impact their life, both in large, and in small ways. Fortunately we can do this without a struggle. The trick is, we have to show our kids an easy saver program, a way to save with little effort. When we can add saving to our life in such a manner, we then incorporate it without ever considering it burdensome. It is simply how things are done and the savings happens in a matter of factly manner.

Some parents use easy saver program of requiring their children to deposit a portion of their allowance into a sort of savings account in order to build up some money for a “rainy day” or some special wants or needs. If this practice is started at an early age it is accepted as the way things are supposed to be and the kids seldom question it.

However, as children age they learn about savings accounts, checking accounts, and even how certain accounts can build interest. This often results in requests for bank accounts of their own or at least requests that the parents invest the kids’ money for them into something that is more lucrative than a piggy bank.

In November of 1998, the United States Treasury Department began offering what has been referred to as one of the easiest ways ever to get started building a nest egg with U.S. Savings Bonds. The easysaver program works like this:

Anyone interested in purchasing the savings bonds can visit the website to download and complete the enrollment form – which entitles the Treasury Department to charge the individual’s bank account for the cost of the bond. On at least two dates per year the Treasury will debit funds from the bank account (Series EE savings bonds are purchased for half the face value and Series I bonds are purchased for face value).

This easysaver program is the easy way to build up a real savings without any long-term commitment or burden. Kids are happy with such a plan because it does not interfere with their regular spending routines. It’s a great lesson in the value of saving.

Joan Waters homeschools her three children and as such she wants to teach them as much as possible about financial planning and how to manage money. One way she is doing that is through the U.S. Savings Bonds easysaver program. Waters wanted a system that was simple and that would show her kids that saving money does not have to be a painstaking process. The savings bonds were the perfect solution. Their simplicity has resulted in no easy saver complaints from the kids.

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