Parenting Advice for Instructing Kids about Money Management
Parenting Advice for Instructing Kids about Money Management
Start teaching kids about money management early. Kids need to know the value of the dollar and that they are accountable for their money. Provide your child with four jars. Every time they receive money divide the money up like this:
1. One jar for spending money
2. One jar for saving for college
3. One jar for saving for a big purchase
4. One jar for donating to charity
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