Growing up, my sisters and brother decided to start our own bank: The Khan Bank. Members of the bank were aged 2-10. A beautiful logo depicting a feather with an ink bottle was created and pasted on our bedroom door (Yes, we were fond of ‘classy’ things at that age). All money was deposited in a ‘drawer’ of our dressing table. From what I recall, the total amount was below 20 Riyals. The sole borrower was “the brother”. The bank was bankrupt within 7 days of opening. Nobody ever got their money back.
Lesson Learned then: None. Money Saving is not an attitude at that age, we didn’t really need a bank. I doubt my older sibling’s intention with that bank in the first place. What were they thinking?