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Money Lessons to Teach your Kids...

The ability to delay gratification can also predict how successful one will be as a grown-up. Kids at this age need to learn that if they really want something, they should wait and save to buy it. Money lessons at early age set the tone for later on. “You really can’t start too early,”. For example “When a mother goes into a store, if she says to her children, ‘We don’t have money for this, they know she has credit cards,” So, she would say, “We’re here to buy a gift for X, and we’re not going to buy anything for you, because we’re not here for that.” Kids then quickly learn that going into a store doesn’t always mean you’ll buy...

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