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Youth Village Kenya > Blog > Business > 4 Tips To Help Kids Learn How To Save And Invest
Business

4 Tips To Help Kids Learn How To Save And Invest

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Last updated: 2023/10/25 at 6:00 PM
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The saving is a habit that can be very useful in emergencies, unexpected and serious situations, but not all are present in your life and that is usually due because small their parents not inculcated them that.

Contents
1. Save tips2. Raise awareness about the value of money3. Encourage the effort4. Don’t turn household chores into a business

And, sometimes, parents do not know how to encourage their children that important habit. For this reason YVK offers some recommendations.

1. Save tips

If you are a parent who usually gives money to your children on a weekly, biweekly or monthly basis, teach them that if they put that money together they can use it to buy something they want.

2. Raise awareness about the value of money

It is advised that, as children, children learn that to get the money a person worked hard.

3. Encourage the effort

Through actions, teach your children that money is not unlimited and that it is only achieved through hard work.

4. Don’t turn household chores into a business

That is, do not pay them to help at home, since they must understand that they are collaborating in the obligations of the house.

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Editor October 25, 2023 November 27, 2019
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