Parent Power: How ‘My Squirrel Saver’ helps teach children the value of saving

As a parent, you play a pivotal role in shaping your child’s understanding of money and saving. Financial literacy is an essential life skill that can be pivotal to preparing your child for the future. At Dudley Building Society, we encourage parents and guardians to nurture these crucial skills from a young age. Our ‘My Squirrel Saver’ account is designed to support you in teaching your child the importance of saving and managing money from a young age.

 

’My Squirrel Saver’ Account Features

Dudley Building Society’s ‘My Squirrel Saver’ account is more than just a savings account, it’s an introduction to financial education. Here’s how it helps:

 

Fun and engaging: This account is designed to be child-friendly, turning the concept of saving into an entertaining activity.

Educational value: Through hands-on experience with the learning materials provided with the account such as story books and activity books, children learn important financial concepts that will impact the future of their finances in the long run, like earning interest, setting goals and managing their money.

Encourages regular savings: With a focus on making saving a habit, this account makes it appealing for children to start putting money aside to reach a specific goal, while embedding discipline and patience.

 

How Dudley Building Society supports your efforts

At Dudley Building Society, we’re committed to helping families build a strong financial foundation. Our ‘My Squirrel Saver’ account is one of the ways we support parents in teaching their children about money.

Here’s why this account would be a great choice to get your children started:

 

Competitive interest rates: Offering great rates shows children how their money can grow through them exercising some regular saving habits and making smart decisions

Flexible access: This account allows instant access to withdrawals, ensuring the funds are accessible when they finally achieve their savings goals

Educational resources: When opening an account in our branches, resources and materials are provided to parents to help guide their children’s financial journey, making learning about healthy saving habits a shared family experience.

 

Ready to empower your child? Open a ‘My Squirrel Saver’ account today!

Open a 'My Squirrel Saver' account today by visiting one of our branches and speaking to our friendly staff. You can also collect all the fun interactive material to help kickstart your child’s financial journey! To find the branch closest to you, visit:  www.dudleybuildingsociety.co.uk/contact-us/contact-us/find-a-branch/

If you have any further queries about the account, please get in touch with our Customer Service Advisors on 01384 231414 or email us at [email protected]