Student credit cards insights

Let them listen to you and your spouse or partner come up with a game plan to save for a vacation or a new car, for example. Allow them to brainstorm with the family about ways you can save money to meet certain financial goals. With age appropriate explanations, help them understand how much things cost and where the money to pay for them comes from. Also set up an allowance system with your kids. Set up a clear method of earning that allowance though helping with chores and other household duties.

04/30/09 3

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