Budgeting Expenses

Teaching Our Children About Finances

What is the next step to teaching a child about money?

Begin rewarding them in some small way for chores done around the house, and encourage them to save by opening up a bank account in their name in which to make deposits. This will greatly boost their self-esteem, even if they are only depositing a few dollars. Each deposit will help the child to think positively about saving, and this may last a lifetime.


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