A Note about Three-Part Banks

This three-part bank has been designed with a special purpose. We have been learning about different ways to use money—spending for immediate wants and needs, saving for something big or special and donatingto someone in need. This bank will help us plan for these three things.

As your child gets money for his or her personal bank, he or she can place coins in the different containers to use the money for different purposes.

Please help your child make appropriate plans for the money he or she earns or collects. We know it isn’t much at this point, but the students are excited about the importance of philanthropy. Using our treasure is just one of many ways we can give or share with others for the common good.

Talk with your child about the money choices you must make as an adult. Tell how you must budget your money for these same three purposes. Share your plans and goals for saving, investing and donating, as well as what needs you have for immediate spending. It is not necessary to give any details, but it is helpful for students to know that you have some plans.