Teaching kids how to spend and save money - PowerPoint PPT Presentation

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Teaching kids how to spend and save money

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Parents should also provide financial education to kids and make them understand that credit cards aren’t a source of free money. After kids have learned the importance of spending wisely, they can be taught the importance of saving money. To help kids learn to make smart money choices, make a list of items they need and rank them in order of importance. To know more visit here – PowerPoint PPT presentation

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Title: Teaching kids how to spend and save money


1
Teaching kids how to spend and save money
Parents should always provide financial education
to kids and let them understand that credit
cards arent a source of free money. Parents can
teach kids about the concept of working for money
by helping them set up a bank account for saving
and allowing them to earn money by doing chores.
Here are the things that teach kids how to spend
and save money- How to spend wisely Importance
of saving The concept of credit Building
financial literacy Where the money comes from
Teaching money skills to kids
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