Financial Life Skills for Parents and Children (2010)
Series: Financial Literacy Tips & Activities
Authors: ABC Life Literacy Canada
Collection: Learning Materials
This fact-sheet offers tips to help parents teach their children money-management skills. The underlying principle is the need for both adults and children to balance income and expenses.
Tips include using a shopping list to reduce impulse purchases; tracking expenses to figure out where the money goes; and splitting income or allowance into categories of spending, giving, short-term saving, and investing.
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Added: 2012-01-24
© 2012 National Adult Literacy Database
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