Our friends over at MoneySupermarket.com are running a great campaign to get children saving, asking parents for their tips on how to educate the next generation of savvy savers.

Kelly says make your own baby food

Instead of buying jars of baby food, cook your own meals and put them in a blender then freeze in ice cube trays. That way there's minimum waste and you can increase the amount of cubes as baby gets older.

Jo says you should plan every meal

Meal planning - you can't beat it! At the beginning of each week, take a look in your fridge/freezer to see what you can use for the coming week. Then make a shopping list for anything else that you need. That way, you are only shopping for what you need, and are not tempted by the special offers down the aisles!! Also - never ever go shopping while you are hungry - all sorts of unnecessary luxuries end up in the trolley!

Samantha has some great ideas about pocket money

We give the children half their pocket money to spend and half to save. The idea is that they learn to put money away for the future and they usually save their spending money week to week to buy something more immediate.

Sajeda swears by eBay

Have a clearout, pull out everything potentially ebayable and put it on eBay on a free listings day. Alternatively, post it on Gumtree. Trust me, there will be takers. I have manage to raise over £100 by doing this when money was tight whilst on maternity leave. Most was clothes that not longer fit.

Alison doesn't spend £2 coins

Save £2 coins in a jar. Start just after christmas and save till next christmas. You don't get them often but they mount up.

Amanda divides up the pocket money

When we give our chidren their pocket money will deduct 10% for their savings account and 10% for charity. Then in December they get to choose how they want to donate the charity money by looking at websites like Oxfam Unwrapped and Wateraid. It shows them how even a little bit of money can make a big difference and how lucky they are!