A bit of a research task for the older kids today. Get them hunting for the best savings account to put their money in. Or yours, if you feel like it. Whether you’ve already got a savings account or not, it almost always pays off to shop around. And the process of looking around can teach kids a lot about what’s important when considering bank accounts.
The activity: Spot the best savings account
Task your kids with finding the best savings account for their money.
Suggest they search online, check comparison tables of children’s savings accounts, and find an account paying the highest interest. Spot any pesky small print – do they have to pay in a regular amount each month? How many times can they take money out? If they don’t already have a savings account, you can incentivise them to find a suitable account by promising some cash to open it.
Don’t forget: Prizes for sharing
Let us know how you get on, there’s prizes for sharing.
Tell us which account your child chose and we’ll enter you into our prize draw.
Either 1. Leave a comment on this post 2. DM us, or 3. Email us at firstname.lastname@example.org with ‘stay at home challenge’ in the subject. Each week we’ll pick 3 lucky winners from everyone that’s shared an update with us and send them a $/£10 Amazon voucher.
Got any more activity ideas?
Please share with us at email@example.com and we’ll share as many as we can on social, giving you the credit of course 🙂