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Money Management for Kids
I just starting to teach my kids about money and I started with opening up savings accounts for them through a website my friend showed me: www.earlyearners.com I like this site because I can go through some of the calculators they have that shows how much my kids can accumulate by buying one less DVD or shirt each month. There is also a chart that tells me by age how I should be teaching my kids about finances. I like the fact that my kids will learn about saving and budgeting while actually doing it in real-life. My parents opened a savings account for me when I was 7 and I had to put half my gift money and then part-time job income in there. By the time I entered college, I have a pretty nice amount of money!
See also: financial education, money, responsibility, budgeting, kids
Written by mommylizzie
Posted on 03/26/2007
See all posts by mommylizzie
 
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