When Chef Ben first got the idea to combine fresh and local ingredients with his appetite for authentic Italian cuisine in 1990, he never could have expected that his personal American dream would turn into the sensation it is today. What started as a simple idea has now turned into several Sipipa restaurants throughout the Greater Houston area.
While Chef Ben’s natural cooking talent and passion for fresh ingredients and handmade dough have been the backbone of Sipipa’s success, his dream of owning a small business never would have been possible without some much-needed lessons in personal finance.
From saving and spending to investments and interest, financial knowledge is a key lesson that can help anybody realize their dreams and goals. That’s why Sipipa is proud to celebrate National Teach Children To Save Day on April 12, 2019.
What is National Teach Children To Save Day?
Honored on a different day in April each year, National Teach Children To Save Day is a national holiday dedicated solely to teaching children how to save and spend their money wisely. The holiday was created as an educational program established by the American Bankers Association (ABA). To celebrate, bankers and financial planners all over the country volunteer to make presentations to students in grades K-12 about budgeting, saving, spending, and more.
With activity books, presentations, and take-home handouts, the goal of this special day is to teach children how to be more responsible with their money. Not only can this help them save money while they’re young, it also sets children up to make smart financial decisions as they age. Without learning financial responsibility at an early age, Chef Ben’s success may not be where it is today.
What are some great financial tips to teach children?
Part of Financial Literacy Month, National Teach Children To Save Day is the perfect opportunity to teach children basic financial education. The following tips can help you set up your children for future financial success:
- Teach your children to save early on.
- Start with small amounts of money and work your way up.
- Make saving fun.
- Create realistic savings goals.
- Set rewards when savings goals are reached.
Children lead by example, which is why it’s important to talk about money in a healthy, positive way. You can start by comparing prices at the grocery store, or by talking more openly about the budget you set for your family. As your children get older, it may be wise to set up an allowance system at home for chores to instill a sense of strong work ethic in your kids.
There are plenty of ways to teach your kids about financial responsibility, and the sooner you get started, the better their financial success will be in the future.