Easy Ways to Teach Your Kids to Save Money
shared by thebaddaddy on Feb 07
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Teaching kids about money and saving is an important part of financial readiness every day, so that they can have a brighter future. You can teach your kids to save by giving them an allowance. You ca...
n start this practice at around age 7, depending on the individual child's readiness. There's something about taking a child to a bank to open their own savings account that makes the concept of saving more real to them. There is also value in a child working around the house to earn money that they can save. Not only does a child develop a good work ethic by doing extra work for her parents or grandparents, but they also feel more satisfaction when they watch that money grow in their own savings accounts.
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