Login

Forgot User ID
405.235.3030 or 800.678.5363


A variety of accounts to suit your needs.

Open a WEOKIE account online and see why managing your finances couldn't be easier.

Open An Account Today

     

    Low Rates. Great Service.

    Apply for an Auto Loan without ever stepping foot in a branch.

    Apply Now! View Rates

    Auto Loan Payment Calculator

    Make A Payment

       

      WEOKIE: your one-stop-shop for everything homes!

      From finding the home of your dreams to financing it, closing the loan, and even insuring it... we want to make every step in your home-buying experience as easy and as affordable as possible.

      Apply Online    Home Loan Rates

         

        Lending a hand when you need it

        From auto loans to refinancing a mortgage, WEOKIE has the resources and tools to create a lending program tailored to your needs. 

        Apply Online    

        View RatesMake A Payment

          COMMERCIAL LOANS

          Commercial Loans

             

            Easy and convenient banking.

            WEOKIE's e-Statements, Bill Pay, and Online and Mobile Banking are services aimed to make your life a little easier.

            Log In Now

               

              We are here to help.

              At WEOKIE, our purpose is to build strong communities by supporting financial growth and well-being, one person at a time.

                2 min read

                5 Ways to Teach Kids About Saving

                Featured Image

                From the moment they enter the world, our children are taking, taking and taking some more. Toys, food, clothing, education costs and entertainment are just some of the expenses we cover for our kids. But one day, these small children will be all grown up and running homes of their own. How can you teach them about the value of money and the importance of saving?

                If this sounds like an impossible task, think again. Teaching kids the skill of saving is very doable, fun and rewarding. Let’s take a look at five ways to teach kids to save. 

                1. Money jars

                You can introduce your kids to the concept of saving by using the classic money jars setup. Label three glass jars as follows: spending, saving, sharing. Show your child the jars and explain the purpose of each one – “spending” is for paying for things they want to buy now, “saving” is for larger goals that may take a while to reach and “sharing” is for charitable acts and donations. Talk to your kids about dividing their allowances into the three jars and then let them see their money grow.

                1. The Super-Saver Challenge

                Turn saving into an exciting challenge by creating a “Super-Saver Challenge” with your kids. Set large but achievable goals, such as saving a certain amount for a pricey toy or an outing. Encourage them to save loose change, allowances or gifts received. Celebrate their milestones with small rewards, fostering a sense of accomplishment and motivation to save even more.

                1. Set a good example

                The best way to impart any lesson to your kids is by example. Model responsible money management by avoiding impulse buys, living within a budget and setting aside money for savings each month. Talk to your kids about what you are doing with your money and why. They’ll pick up on your behavior and learn the best ways to manage their own money when the time comes. 

                1. Talk to them about wants vs. needs

                One of the best ways to teach kids to save is by helping them learn to distinguish between wants and needs. Explain what a want and a need is, and then have your kids give you examples of each one. You can share with them how one’s income (or in their case, allowance) should be divided responsibly, first making sure each need is covered before being spent on wants. This will help your kids prioritize how to spend their money and what to save up for as a future purchase. 

                1. Open an account for your child

                Once your child has saved up a substantial amount of money, take them to the bank to open up their very own savings account. Most financial institutions offer a form of a Youth Account, though full control over the account is generally only granted to the child’s parent or legal guardian. Your kid’s name will likely be on the account, though, and they may even be provided with a debit card. Keep them updated on their account so they can track their savings and watch them grow!

                Teaching kids to save is a gift that will stay with them for life. 

                Related Posts

                Teaching Kids to be Smart With Money


                Money may seem like a challenging topic to discuss with your children (especially when they are little) but it’s important to get the ball rolling as...

                The Best End-Of-Year Money Moves To Make


                As 2023 draws to a close, it’s time to get our financial lives in order for the New Year so we can kick-start 2024 with as little financial stress as...

                6 Ways You Spend Money Without Even Realizing It


                Everyone’s trying to cut back on their spending right now, but your budget may be leaking money in some places without you even noticing it. Whether...

                5 Ways To Raise Financially Savvy Kids In An Instant Gratification World


                Money may seem like a challenging topic to discuss with your children (especially when they are little) but it’s important to start having money...