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  • Parenting
    

5 Very Useful Ways to Teach Your Children the Value of Money

4. Encourage donations

Take your children along whenever you go to places to donate, either in cash or kind. Regularly taking your children on your trips to old age homes, foster homes or even animal shelters can make your child appreciate how lucky he/she is to have money in their home. Also, you can ask your children to make simple things like cookies or lemonades and sell them for some money at the local fair.

5. Make them pay bills

Always try to involve your children in paying various bills. It will help them understand that you need to pay for the services you take.

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TAGS: bank account, donation, money, parenting advice, parenting tips, save money, teach your kids to save money, value of money, very useful ways to teach your children the value of money, ways to teach your children the value of money, MoreLess

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