15 Ways to Teach Kids About Finances

March 5, 2013 4:00 pm By Sid Powell
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Keeping good records of money saved, invested, or spent is another important skill young people must learn. To make it easy, use 12 envelopes, 1 for each month, with a larger envelope to hold all the envelopes for the year. Establish this system for each child. Encourage children to place receipts from
all purchases in the envelopes and keep notes on what they do with their money.

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