School holidays are the best, but can be expensive for families.

Time spent doing things like hanging out with friends, heading to Magnetic Island to go snorkelling, tubing or just to explore the walking trails or going on a family holiday can come with a price that parents are likely to fund.

So, how do you teach kids good savings habits and get them involved in planning for the holidays? Our mascot Crackles has some good news. There's no time like the present to start planning how the kids are going to avoid boredom and help fund their activities.

You can do this by getting the kids to put put away a small amount of their pocket money or getting them to do extra jobs for spare change. This idea could be your way to an exciting school holiday plan with less financial stress.

Crackles did some research on what to do in Townsville, Queensland to use as an example and even worked out the calculations for the kids below...

Need to encourage the kids to save? Crackles shares his favourite ideas below...

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What could they do with $20?

SAVINGS GOAL $2.00 A WEEK
AFTER 10 WEEKS THEY WILL HAVE SAVED $2.00 x 10 weeks = $20.00
WITH THEIR SAVINGS THEY COULD…. Head to Magnetic Island and back with SeaLink ($16.50 for a child aged 5-14 years) OR catch a movie at Event Cinemas (Child Star Movie Gift Voucher $16.00)
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What could they do with $50?

SAVINGS GOAL $5.00 A WEEK

AFTER 10 WEEKS THEY WILL HAVE SAVED

 $5.00 x 10 weeks = $50
WITH THE SAVINGS THEY COULD…. Go to Billabong Sanctuary ($22.00 for a child aged 4-16), cuddle a koala ($24.00) and get a photo to prove it!
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What can they do with $100?

SAVINGS GOAL $10.00 a week
AFTER 10 WEEKS THEY WILL HAVE SAVED $10.00 x 10 weeks = $100
WITH THE SAVINGS THEY COULD... Take a beginners horse riding lesson at Ranchlands Equestrian Centre for 30 minutes for $60.00 and become a North Queensland Cowboys 2017 Rising Star (non-ticketed) Member ($39.00 for children aged 2-12)
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What can you do with $200?

SAVINGS GOAL $20.00 a week
AFTER 10 WEEKS THEY WILL HAVE SAVED $20.00 x 10 weeks = $200.00
WITH THE SAVINGS THEY COULD... Take you and seven friends to Barra Fun Park ($23.00 for each Fun Pass for children aged 3-13 years) with a little left over for ice cream!