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General Parenting Discussion
Reply to "Teaching kids about money."
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[quote=Anonymous]There are several processes that elementary age kids must know about money. And all of these have to be taught in parallel. A) To earn B) What you earn vs what you have to pay/put aside. C) How to track all your spending. How to budget. D) How to allocate the money for day to day living for every pay cycle. E) How credit card debt works. F) Compounding your money G) Long term and short term goals [/quote]
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