Show a Savings Example
	Convincing your children to start, or continue a savings program is always going to be easier if you lead by example. Do you have a long-term, high-interest savings account yet?

Why have a new high-interest savings account?

In the always amazing Get Rich Slowly blog, J.D. wrote a great article entitled "9 methods for mastering your money in 2009" which is a must read. In that article, a number of the methods are relevant to us. Method #3: Optimize your accounts - open a high-yield (high-interest) savings account Method #4: Start an emergency fund - works really well in a high-interest account! So now that you know it is time, which account to open? I'm a big fan of RaboPlus which are offering 4% (as of Feb 16th, 2009) in Australia. Note that the Christmas promotion has (obviously) closed, however you'll find any other promotions here so stay tuned! The most important thing though is to START TODAY! You can spend valuable time comparing rates and offers, making it very easy to put the decision off until later. Take it from me (as I did this for years) that opening anything now is better than the 'perfect' account next week. Why? Because next week becomes next month becomes next year and you've lost out on savings you would have had. So get going! Open a high-interest account, be it RaboPlus, INGDirect, SmartyPig or your own bank's version. The most important thing is to get that account open AND get a direct debit putting in money every time you receive income. Just a $1 per week direct debit will get you in the game.