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4. Talking to your kids about money at an
early age can help them understand the
value of the money, how to save for long-
term goals and how to spend responsibly.
Teaching children about finances can build
financial literacy and give them a stronger
ability to manage their finances later in
life.
If we taught about financial risks, children
will be better Experiance to avoid financial
debt and bankruptcy in the future.
They may be more inclined to plan for
events in the future, such as saving for a
holiday, investing in property, or even
putting money aside for retirement.
