= Members Only Content
Teach Children to Save FAQs
ABA Education Foundation
- What is Teach Children to Save Day?
- Do I have to participate on Teach Children to Save Day, April 24?
- Why should I participate?
- Does ABA partner banks with schools?
- I contacted my local school, but they were unable to participate. What should I do?
- I'd like to participate but I'm not too comfortable or familiar with giving financial education lessons. Can you recommend any resources?
- How does the Teach Children to Save resource kit work with the program?
- What free resources can I use?
- How will my bank be recognized?
- How can I get started?
- What if I still have questions?
1. What is Teach Children to Save Day?
Teach Children to Save Day is an annual awareness day when bankers teach young people about the value of saving. Visiting classrooms, youth centers and after-school programs, bankers use their real-world knowledge and skills to encourage young people to start young, and save more. This year's Teach Children to Save Day is set for April 24.
Teach Children to Save Day is a component of the national Teach Children to Save campaign. The campaign aims to raise awareness about the important role that banks and bankers play in helping young people develop lifelong savings habits. So far it's reached more than 5 million young people with the help of some 100,000 plus banker volunteers, Teach Children to Save Day lessons, and the Teach Children to Save website: www.teachchildrentosave.com.
2. Do I have to participate on Teach Children to Save Day, April 24?
No. Banker and school schedules may prevent your bank from participating on April 24, but we do encourage you to participate in April to be part of National Financial Literacy for Youth Month. The annual awareness day and month are designed to focus the attention of the media and general public on the issue of financial literacy. If your bank can’t participate in April, we encourage teaching savings education year-round -- and many of you do. To recognize bankers activities throughout the year, the foundation maintains an ongoing honor roll of participating banks. So, if you teach in May or December, you'll still be listed on our honor roll of participating TCTS banks (available on www.teachchildrentosave.com for the public and media).
3. Why should I participate?
You can use your unique set of skills to help address a serious problem in our nation, the lack of financial literacy. Plus, it's fun! It's an opportunity to reach out to your communities and give young people the tools and inspiration for a successful financial future. Banker volunteers enjoy interacting with students during the lesson and when they stop by the branch to open a new savings account.
4. Does ABA partner banks with schools?
No, ABA doesn't partner banks with schools. We rely on your local connections and partnerships to bring the Teach Children to Save program to communities nationwide. In addition to schools, we also encourage banks to reach out to groups in the community that serve children like after-school, scouting, and church youth groups.
5. I contacted my local school, but they were unable to participate. What should I do?
Consider contacting other groups in your community that serve children. Groups like after-school programs, boy/girl scouts, and libraries usually have more flexibility with their time and with what services they can offer.
6. I'd like to participate but I'm not too comfortable or familiar with giving financial education lessons. Can you recommend any resources?
The new Teach Children to Save kit is great for instructors with little to no experience teaching money concepts. These lessons are designed to promote participation, in an easy to follow step-by-step format. The "How Safe?" lesson, for example, gets K-2 exploring the various places people keep their money. The "Secret Agent Savings" lesson, students in grades 3-5 use their listening skills and deductive reasoning to uncover savings mistakes.
TCTS Resource Kit
7. How does the Teach Children to Save resource kit work with the program?
The Teach Children to Save kit was designed and developed exclusively for bankers to make saving lessons easy for the instructor and fun for kids. In addition, the TCTS kit curriculum is aligned with academic standards, which educators can appreciate. When you factor in the expertise of our education consultant, reviews from bankers and educators, the look-and-feel, and the correlation with curriculum standards, this is a great value and truly a one-of-a-kind resource. We're very proud of it and hope you like it, too. You do not have to use the Teach Children to Save kit to participate in Teach Children to Save. However, your lesson should be savings-focused. TCTS Resource Kit.
8. What free resources can I use?
The foundation has free resources available to bankers. When you register for Teach Children To Save, you'll receive TCTS Tools which include save-the-date announcements that can be customized with your bank's logo and contact information, getting started tips and participation certificates. We also offer free online banker training. Visit our Online Training Portal to register.
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9. How will my bank be recognized?
The foundation maintains an online list of Teach Children to Save participants. We will promote this list with media and policymakers to highlight your commitment to your communities.
10. How can I get started?
Get registered. Once you've registered, you'll receive TCTS Tools, we also recommend that you attend a live webinar or access a recorded one on-demand. TCTS Registration.
11. What if I still have questions?
If you still have questions, sign up to participate in a Teach Children to Save training webinar. Or contact the foundation at edufoun@aba.com. Webinar registration is available on the Online Training Portal.
Question? Contact the ABA Education Foundation.
