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Findfriendz / Blogs / Some Tips On Saving For Children Some Tips On Saving For Children
Published On: 17th Mar 2016 02:49 am
If you are a parent then it is certainly a good idea to teach your kids the importance of saving from an At the end of the day kids will imitate their parents actions and therefore it is very important for you to be saving effectively yourselves if you want your children to follow your example.
![]() When they have specific goals setup that they want to meet you should then discuss with them how important it is to put aside a certain amount of their weekly allowance in order to meet this goal. If you do this then you will gradually build up your savings in order to be able to purchase the item that is desired.
![]() You should follow this example every single year and progression can be made as they begin to get older. Soon the piggy banks will turn into actual bank accounts and they will have developed sound saving techniques that will help them to become financially free as they grow older. But the most important thing for you as a parent is to take action today and start teaching savings for child.
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