CNBC asked several top executives to give their best money-saving tips for ALL kids - ages 5 to 95.
While it's better to learn financial literacy as young as possible, it's never too late to get stronger about saving.
As the Council for Economic Education points out:
"With early and continued exposure to personal finance and economics, kids grow up to be better savers, investors, borrowers, voters and participants in the global economy."
And, further: "They can make better financial decisions for themselves and their families."
Some highlights from the pros
- From Mark Cuban, investor, entrepreneur, television personality and owner of NBA's Dallas Mavericks
Tip: "Open a savings account and do odd jobs to earn money to save!"
From Alexa von Tobel, founder and CEO, LearnVest
Tip: "Saving is a muscle. The sooner you start the stronger it gets!!!"
From Brian Kelly, founder and editor in chief at ThePointsGuy.com
Tip: "Travel makes you a better person. Save for trips — not things!"
From Carrie Schwab-Pomerantz, President, Charles Schwab Foundation and SVP Charles Schwab
Tip: "Make saving a part of your routine — like brushing your teeth! Put aside at least a small portion (say 10 percent) of every dollar you receive, including gifts, allowance, and money from your first job. You'll be really glad you did."
From Ron Lieber, The New York Times "Your Money" columnist and author
Tip: "Doing things > having things. Your spending = your values."
There was a common thought among the leaders - time and experiences are far more valuable than just amassing wealth:
And, above all, enjoy your life!