Summer is the perfect time to start a savings plan with the kiddos. I use the free Capital One 360 Kids Savings Accounts for all of mine. There is no minimum balance, no fees and you even get a little bit of interest! Plus with this system, kids can set financial goals and watch as their savings rises to meet each one. As goals are accomplished, they can set new ones. It’s a great visual way to teach the value of money management. You can head over HERE to learn more or get a free kids account (one for each of them).