Teaching Kids About Money Management
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Teaching your kids about money is one of the most valuable gifts you can give them.
Start with the basics using three jars labeled spend, save, and share.
Every time they receive money, help them divide it between the three. This simple method
teaches budgeting, delayed gratification, and generosity all at once. As they grow,
involve them in family financial discussions and let them make small purchasing decisions.
The mistakes they make with five dollars now will save them from making thousand dollar mistakes
later. Financial literacy isn't taught in most schools, so it's up to parents
to break the cycle and raise money smart kids.
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