Starting early How to use allowance as financial education

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Starting early How to use allowance as financial
education
For many families, allowance is that money that
kids are allowed to utilize at their
discretion. Allowance can even be a valuable tool
to give your kids a head start on learning about
money, including how to budget, prioritize needs
and wants, and how banks work. Beginning early is
critical to building a solid financial
foundation. No matter how you handle the
specifics in your home, an allocation is a
powerful tool for teaching kids about money and
the significance of conservation. Here are the
things starting early on how to use allowance as
financial education- Set expectations Start
with the basics Add in best practices Develop
financial responsibility