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A lot of children and especially teenagers today do not totally understand the value of earning and spending money. A large percentage have no concept that investing is necessary even if they are still at school. As parents or Guardians, you play a crucial role in this area of their development.
From an early age, teach your children how to save money and get them to appreciate and understand the concept of money and investment. This education, instruction will keep them in good stead as they mature.
Here are some tips on how you can teach your children how to save money: Continue reading