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TEACHING KIDS 
HOW TO SAVE 
Tips from Stonegate Financial 
Group
WANTS AND NEEDS – THEY’RE 
DIFFERENT 
 At a young age, you should teach your children the difference 
between something t...
WANTS VS. NEEDS – WHAT’S 
WHAT 
 Wants: 
 New TV 
 Fast new car 
 New outfit 
 Eating out for dinner several 
times a...
SAVING FOR THE FUTURE 
 Though it is important to teach children the difference between a 
want and a need, you should al...
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Teaching Kids to Save More from Stonegate Financial Group

Stonegate Financial Group provides parents with tips on how to teach their children the value of saving with these easy-to-follow tips that are sure to make a difference.

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Teaching Kids to Save More from Stonegate Financial Group

  1. 1. TEACHING KIDS HOW TO SAVE Tips from Stonegate Financial Group
  2. 2. WANTS AND NEEDS – THEY’RE DIFFERENT  At a young age, you should teach your children the difference between something that they want, and something that they need.  This applies later in life as well  You might think that you “need” brand-new TV, but in reality, it’s a want, not a need.  This mixing of concepts is what often leads so many young people in crippling debt that takes years to come out on top of.
  3. 3. WANTS VS. NEEDS – WHAT’S WHAT  Wants:  New TV  Fast new car  New outfit  Eating out for dinner several times a week  A vacation  Etc.  Needs:  Food  Shelter  Water  Clothing  To pay one’s bills  Etc.
  4. 4. SAVING FOR THE FUTURE  Though it is important to teach children the difference between a want and a need, you should also teach them the value of saving and let them buy that new toy or other desired object every once in a while.  Doing this will show them how rewarding saving for the long-term can and is.  For more top tips, visit http://stonegatefinancialgroupjamesonvanhouten.com

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