Patch Snap: Cambridge Savings Teaches Woburn Children to Save Money

Welcome to another edition of Patch Snap, where we highlight a picture or pictures of around Woburn or of Woburn residents out and about.

Today's Patch Snap comes from Cambridge Savings Bank, which recently held an educational program at Malcolm White School to "Teach Children to Save."

Cambridge Savings Banks (CSB ) said this about the program:

“Teach Children to Save” coincides with National Financial Literacy Month. The lesson encourages students to make a habit of saving money from an early age. CSB has engaged Malcolm White School students in its creative program for the past three years.

Donna Lee, Assistant Vice President of the Customer Service Call Center at CSB, read the book, “Just Saving My Money,” to 72 students. Children shared stories of selling lemonade and old toys at yard sales to earn money. Each student received a piggy bank as well as a dollar in change to practice comparing the values of different coins.

“Teach Children to Save” is a nationwide initiative of the American Bankers Association. Since 2010, Cambridge Savings Bank has educated more than 7,800 participants with live financial lessons. The bank also provides online financial education resources through the CSBsmart page on its website.

Do you have a picture that would make a great Patch Snap? Email it with a brief description to Richard.Hosford@Patch.com.