How to Deal With Youngsters Who Are Terrible With Money
Encourage Savings
Encouraging your kids to save early might make a big difference in your retirement. Getting them to save early, even a small amount, can make a huge difference over four or five decades. If they save at an early stage of life, they are not going to depend on you and your retirement savings. You can enjoy your retirement freely with the money you have saved rather than spending the amount on funding your son or daughter and their family.
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