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So how do you instill healthy money management in your children? One way is to start teaching them how to save while they are still young. Many experts on the topic say that if children start saving while young, it will become a lifelong habit that will see your them comfortably into retirement.
Of course, kids can't see that far into the future, so you'll want to start with something more immediate - and more tangible. Here's one idea. Say your child wants a new bicycle. Get some sort of container they can use to put their savings in, then find a photo of |
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