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      Kids learn to pinch their pennies

      You're never too young to learn about how to save money, and April 23 is National Teach Children to Save Day.

      Some lucky fourth and fifth graders at Lakeview School received some education on how to save their pennies.

      A new bike, concert tickets, and a TV were among the things the fifth graders in Mrs. Kytta's class said they were saving their money for.

      Range Bank employees put on a presentation Tuesday to teach children how to save their money and the difference between wants and needs.

      "It teaches you the good things about saving money and how the banks keep your money safe and about interest," said fifth grader Riley Carlson.

      "It's just amazing to me, just listening to the kids, how many of them are already saving money, and some of them have jobs, and they're putting money aside for things that they want or need," said Jack Frost, Chief Financial Officer at Range Bank.

      Different tips and advice to motivate the students on saving more and spending less were taught, and some lucky students won a piggy bank to help them save.

      "If you save money, you can probably buy something you want or something you need, like gas or a new video game that's coming out for Christmas or something like that," said fifth grader Fisher Libby.

      Range Bank even talked to the kids about how they can open their own savings account for as low as one dollar. And they'll get a piggy bank, as well!

      Teaching children how to save money is one of life's most important lessons.

      According to, the average American has over $15,000 in credit card debt, which is a trait most parents would rather not pass along to their children.

      To help your child get a sense of the value of a dollar, buy items with cash and incorporate counting and price-check games.