Regrann from @mmwithnimi - IT’S TODAY!! I will be talking to parents about “Children, Money and Values” this morning at the 2nd Bestman Games Annual Children's Finance Fair. ___ Did you know that research suggests that money habits developed from as early as 7 years old?! Given how important financial skills are key to navigating life, it irks me that our #schools don’t teach #chi#children about #mon#mon#money. Parents and teachers thus have a primary #role to play in introducing important financial concepts; you do your children a disservice if you don't. __ To raise money-savvy children, involve them as you plan your basic household #budget. An #allowance is a good way to introduce #budgeting and #prioritising. __ Encourage children to #earn from age appropriate vacation #jobs and #internships and by monetising their talents. They can divide their income into four tiers: #sav#saving #spending #inv#investing #giv#giving __ Take them to the supermarket with you and involve them in your #choices regarding #price and #quality. __ Introduce #philanthropy early in their lives. Children can donate outgrown #toys, #books and #clothes and volunteer, giving of their time and talent. __ By guiding them through these concepts, you will be laying a solid foundation for their developing a responsible attitude towards #money; this can have a huge impact on their future prospects. __ Above all, practice what you preach. You are their role model. They are watching you! ___ #children #nextgen #money #kidsandmoney #financialliteracy @bestmangames #childrensfinancefair2018 #earning #saving #investing #giving
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