If you’re a new parent, it might feel as though there aren’t enough hours in a day. Saving for your child’s education, though, is one area in which time is on your side.

Raising a child takes patience, understanding – and about $245,340, based on the latest estimates from the U.S. Department of Agriculture.

No matter how enthusiastic you are, trying to formally teach finance to kids is a tall order that is likely to make their eyes glaze over. Hold their attention by keeping money lessons relevant, age-appropriate and a bit playful.