Teaching Your Kids to Save, Spend, and Share

momparenting

By Eulalie Scandiuzzi

Imagine how different the economy would be today if every child knew the basic pillars of financial money management, saving, spending and sharing, as commonly as “stop, look and listen.”

Starting a conversation about money with kids can be tricky. But, here are six tips for parents to teach their kids to save, spend and share their allowances—even at a young age.

  1. Start with a visual tool. Most children, beginning at age 4 or 5, are visual

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