Category: financial education

How-To Give Your Children a Financial Education with Their Allowance

An allowance, when treated as an educational opportunity, gives your child hands-on experience in budgeting, saving, spending, investing, earning, negotiating, and tracking their money. With these tactics, you and your child can make the most of their allowance while growing their financial literacy. Shy away from weekly allowance. A bi-weekly or monthly allowance better reflects

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