GOLDEN VALLEY, Minn. -- A recent survey found 7 in 10 Americans have less than $1000 saved up for emergencies. It's a scary number when you consider one uncovered medical incident, or a major car repair can easily set you back well over $1000.

Geoff Bullock, financial educator with Firefly Credit Union says parents should start teaching kids about the need to save and make good financial choices early and often.

Easy places to start involve what kids see at home. Children see you leaving for work. Explain to them why you are making that choice, and reasons why you work.

Include children in spending decisions early on. That could include a trip to the grocery store to talk about what would make the best purchase, or the best value for your money. It might be a discussion about what you want and how that can be different from a purchase you have to make.

Bullock says a small allowance gives children a chance to experience their own money decisions, mistakes and all.

Bullock also says keep it fun. Riffing off their name, Firefly Credit Union is offering firefly kids to customers, complete with nets and mason jars. Search tall grassy areas in the evening to catch the fireflies- admire them in the mason jars, temporarily. The real use for those jars is a place for kids to collect their coins, putting them on the road to a healthy savings habit.

Firefly kits are available at Firefly Credit Union through July, or while supplies last.