Children need to learn how to save money while they are still young. Some ways to teach children to save their money is games, an allowance, and a savings account.
A banker is one of the best people to explain to a child how a savings account works.
Once a child puts money in their savings account the amount will increase because of the interest that it earns.
When a child starts to save money on their own, their parents should reward the child by setting a small amount of money in their account.