dinsdag 12 oktober 2010

Too young, too soon?

Teaching your child about money, never too soon?

Children have a tendency to believe that money comes from mom and dad’s  wallet and when mom and dad have run out of cash there is a big machine who magically spouts some cash after pushing a few buttons. It’s important to explain to your child that it is not that easy at all, that money is earned by hard working and you only get to spend what you earn. According to some people the benefits of teaching your child about money early are both immediate and on long term. The sooner they get to deal with money, the sooner they will develop some strong saving habits and on the long term they will be able to make some good investments and avoid accumulating debt.
Lieselot Soens

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