Savings and Spending Patterns
Posted on March 12th, 2008 by tkessu
It is extremely important to teach your children how to save properly, as well as setting good spending habits for them. One thing you can do to help them learn how to save is to have them give a certain percentage to a charity or church. You should also put a sizeable contribution of the child’s allowance in the bank for their college education, and whatever is left is for them to play with. By teaching and living these examples in front of your children, the more likely they are to be financially responsible.
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