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Money and Finances
Reply to "Teaching kids financial basics in a zero interest rate environment"
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[quote=Anonymous]Anyone else notice how difficult it is to teach kids basic finance, like compound interest, delayed gratification, the time-value of money or why not to keep your savings under the mattress in this very abnormal economy? I tell them the standard explanations, then they get their bank statement with 2 or 3 cents of interest. I'm concerned that these lessons may never be learned and will carry through their whole life. [/quote]
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