Teaching kids about money

Andrew Lotherington
October 22 2019 - 8:30am
Solid Start: When a child opens an account with Reliance Bank, they receive a $20 deposit to kick off their savings. Photo: Shutterstock.
Solid Start: When a child opens an account with Reliance Bank, they receive a $20 deposit to kick off their savings. Photo: Shutterstock.

At an early age, children don't always understand the value of money. They do understand that money is used exchange for food, or better yet toys, but they don't have a clear understanding how difficult it is to earn, manage and save money. Therefore it is important to teach children how to save and manage money in their early years so they learn to value it.

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Andrew Lotherington

Andrew Lotherington

Advertising Features and Special Publications Journalist

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