How to Teach Kids About Money? - PowerPoint PPT Presentation
Title:
How to Teach Kids About Money?
Description:
It's never too late to begin teaching your kids about money. Some parents don't feel comfortable teaching their kids about knowledge of financial matters, and some think it's not appropriate to burden young children or think, that children are too young to understand financial management. You should talk to your kids about the importance of money. This includes emphasizing the difference between wants and needs and making sure they know your values when it comes to the management of money. To know more visit here – PowerPoint PPT presentation
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Title: How to Teach Kids About Money?
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How to Teach Kids About Money?
- Make it a priority to teach your kids about
money. You can help them build the financial
literacy they need to make good decisions in
their lives. Even if your kids are young, having
discussions according to age will likely lead to
responsible spending and secure management for
years to come. Here are a few tips for teaching
kids about money - - Teach them three principles Savings, spending,
and giving Help them to Learn to Make Smart
Spending Decisions Open a Savings and Investment
Account for your kids - Talk about why it's necessary to keep money safe
Explain to them where the money comes from Teach
them the risk of credit cards - Set achievable savings goals
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