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Monday, September 2, 2013

Financial Lessons for Kids: What & When?

If you ask a 5 year old “where the money comes from”, most likely his response will be ATM or Purse. The kid is only saying what he has observed. He does not see a correlation that you invest your body and time to earn decent living for them.

Children today are more demanding and inquisitive. You can see in their behavior. They will blackmail you for an ice-cream for doing homework, they will roll all tears for a toy or a doll and make sure that you purchase it out of embarrassment. They want multiple dresses, stationary, shoes and everything moment they see it. And if you say NO, deep down they will start thinking “Are we poor?” or “”do my parents love me or not”?

 

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