Friday, 24 February 2012

Teach children the right way to use money

Many families teach their children early to how use their pocket money. There are many ways to teach them how to control their allowance, depending some families give their children the money weekly and others give it monthly. The purpose is to let the children have more experience in saving, spending, and even investing it. Young children may spend their budgets as soon as they get the money from their parents,  others decide to save it or invest it. The important thing is to let them to build their experience and personality early. So I think it is a good idea to teach them about money,  but at the same time they need our advice and our experience to do that.

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