It may seem like a daunting task: teaching 3-5 year olds about the importance of saving. Most three year olds don't even know what money is! They don't have a clue where their moms and dads get it! The Mobile County Public Library has partnered with PNC Bank, to start a new program called "For Me, For You, For Later: First Steps to Spending, Sharing, and Saving." The program features Sesame Street characters. Through story time, the program is a great way for parents to start teaching about finances, early. The Mobile Public Library has received a two year, $75,000 grant from PNC Bank for the program.
Is three years old too early to learn about money? Amber Guy with the Mobile County Public Library says, no. "You would be surprised they pick up these concepts. It is talking about basic things about sharing saving, sharing. You need to spend money on food, but you need to save money for that toy you want." PNC Bank Regional President adds, "We teach them about how families budget, how they save, how they prepare financially for the future. We do this through ways that relate to kids, like story time."
Several branches of the library are taking part in the financial story time activities including Ben May Downtown Branch, Toulminville, and West Regional.