The Power of 'The Number': Why Specificity is a Tween's Secret Weapon
How many times have you heard your tween say, "I want to save up for something cool"?
It’s a great sentiment. But "saving for something cool" is a vague dream, and vague dreams have a habit of staying dreams. In the world of financial literacy for tweens, the difference between a kid who actually buys that mountain bike and a kid who spends their allowance on candy usually comes down to one thing: Specificity.
In my new book, "How to Fund First Big Dreams," I introduce a framework built around three pillars: one goal, one number, and one date. Today, we’re diving deep into: The Number.
Why "The Number" is a Game Changer
Without a specific target, every dollar a tween puts away feels like a drop in the ocean. "The Number" changes the psychology. Instead of an abstract concept like "savings," it gives them a concrete finish line.
Step 1: Researching the True Cost
To find "The Number," your tween has to become a bit of a detective. Don’t let them guess. If they want a gaming console, don’t let them say, "I think it’s about $300." Research it together:
- Find the item online: Compare retailers.
- Account for tax: A $299 item costs more at the register!
- Include accessories: Controllers, games, or cases.
- Shipping costs: If ordering online, include the delivery fee.
Step 2: The One Goal Rule
One of the biggest mistakes is trying to save for five things at once. By focusing all their "Save" bucket energy on a single target, they reach it faster. That speed creates a "success loop."
Step 3: Visualizing the Win
Because tweens are visual learners, "The Number" needs to be visible. I recommend a "Dream Tracker"—a simple thermometer chart on the fridge. Seeing the line move closer to "The Number" provides a psychological boost that keeps them from raiding their savings.
Ready to start? Helping your tween find their first "Number" is a rewarding parenting project. Let’s turn those "somedays" into "Saturdays."
About the Author:
Tammi Schneider is the founder of Tabby Kay Publishing. She creates practical, non-fiction resources that help people—from tweens to adults—reach their full potential. Check out her book, "How to Fund First Big Dreams," on Amazon.