Savvy Savers..
By japboy
@japboy (572)
Malaysia
May 31, 2007 7:10am CST
how to raise a money-smart child??..is this question always in your mind,i mean for the parent.what do you do to raise a money-smart for your children.It's never too early to teach your child to make sound financial decisions.For me,i think you should start a piggy bank for your children to encourage them to put aside a set amount of money every week.Teach them that savings should merely be money that is left over from their allowance.So,parent out there,what do you do to make your children a money-smart child?
1 response
@Zorrogirl (1502)
• South Africa
31 May 07
My daughter is only 2, but i am thinking about that already. we got her a piggy bank and she loves to play with it with our loose change. but i have gotten some ideas all over on how to teach her right. one thing is the half you half me idea. if she wants something expensive, i would offer to pay half,but she has to raise the other half by herself. she can save some allowance and i would reward her for chores done and so on. do you think its a good idea?
