Making Money a Family Affair

by Stacy Francis, CFP®, CDFA

Make saving a habit not only for you, but for every member of the family including children. A rule that a percentage of all income must be saved, whether it's from a part-time job, a weekly allowance or any other source, will teach your children the value of "paying yourself first" which they will keep for a lifetime.

Savvy Ladies’ Tip: Check out these fantastic money-saving products:


The Money Savvy Pig Cost: $18.99 plus shipping and handling

Description: Four-chambered, see-through plastic piggy bank allows children to apportion their money for spending, saving, donating and investing. Includes a booklet to help parents teach money basics and a sheet of goal-setting stickers. My favorite is the purple piggy bank. To order: Visit


Money Mama & The Three Little Pigs Cost: $40.00 plus shipping and handling

Description: A ceramic, four-chambered bank with a big mama pig compartment for spending and three smaller piglet compartments for saving, donating and investing. This is a nicely-illustrated hardcover book aimed at teaching money concepts to kids plus a read-along CD.


Moonjar Cost: $7.95 plus shipping and handling

Description: Three diamond-shaped metal tins for spending, saving and giving. The tins have removable plastic tops, and a wide rubber band holds the three together in a six-sided shape. Includes a small booklet on how to use the Moonjar and a passbook for recording transactions. To order: Visit

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Stacy Francis, CFP®, CDFA

Stacy Francis is the Founder, CEO and President of Francis Financial, Inc., a Wealth Management and Financial Planning firm. With over 18 years of experience in the financial industry, she is a CERTIFIED FINANCIAL PLANNER™ (CFP®), a Certified Divorce Financial Analyst™ (CDFA™), and a Certified Estate Planning Specialist (CES™). She is the Co-Director of the Association of Divorce Financial Planners’ (ADFP) Greater New York Metro Chapter and a member of the Women Presidents’ Organization (WPO) and an honoree member of the Private Risk Management Association (PRMA). A nationally recognized financial expert, Stacy has appeared on ABC News, CNBC, CNN, PBS Nightly Business Report, The Today Show, Good Morning America, Fine Living Network, and The O’Reilly Factor. Stacy attended the New York University Center for Finance, Law and Taxation.