5 Tips For Teaching Money Management To Children - PowerPoint PPT Presentation
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5 Tips For Teaching Money Management To Children
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The lack of financial discipline can lead to a very difficult time managing the funds in the adulthood stage, so money management skills should be taught to children early on. Parents should help their kids in opening their own savings account, which will surely make them comfortable dealing with the banks. Encouraging them for wise spending will help them in learning the value of money. Giving them allowances for cleaning the garden or heavy cleaning duty will help in teaching children the value of earning money and hard work. To know more about the importance of teaching money management to kids, visit – PowerPoint PPT presentation
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Title: 5 Tips For Teaching Money Management To Children
1
5 Tips For Teaching Money Management To Children
- Open a Savings Account.
- Do Not Pay for ChoresPay for Actual Work.
- Learning Financial Penalties.
- Encourage Wise Spending.
- Show How Investments Works.
- Financial education for kids is going to take
time on your part. It wont always be easy. But
if you want your children to know how to
successfully manage their money when they get
older, taking the time now will be worth it. - Source-lifehack.org
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