Financial Rules Parents Must Instill On Children


Saving Plan
Financial Rules Parents Must Instill On Children
The first lesson in finance for kids is that money is a limited resource. To begin with this plan you can gift a piggy bank to your child. Make sure your child contributes some amount to savings each week. If your kid is a little grown up you can open a saving account in the bank. Encourage your child to set short and long term goals. Create a graph or a chart that shows how much they have been saving on a weekly basis. When your kid sees the amount building, he will be motivated to save more.