It’s never too late to teach children about saving their money. US Bank of Washington Personal Banker, Jann Manning says teaching children how to save and budget when they are young is an important lesson for them to learn. Manning says that children should get in the habit of saving their change and cash. Another way to teach children to save is by getting them a savings account. She says as they get in the practice of saving their own money, they won’t have to always rely on parents for money for a desired item in their future.