Your Child and learning about money and how to Budget
Learning about money and how to budget as a child develops is very important. If you recall from your own development years, or maybe not, as an adult it took you several years to learn. Also, when one begins to acknowledge that you only had so much money to live on and had to have a budget to live. Your money was only what you and your family earn. However, your shelter, the food, necessities came first and then if there was extra the family could go out for dinner.
The sooner a child learns how to live on their budget the better as they develop into adulthood
The famzoo app is an excellent tool for your child. You can put 10.00 a week in the app and they have 80% to spend, 10% to give, and 10% to a savings account. But it is easy for your child to learn. However, the child has to do chores in their family unit. As they say, money does not grow on trees.
Gaining Confidence and Independence as YOUR Child develops
Money and living on Budget is just one of the Tools in their Toolbox. However, the best way so the child will not be stressed out is to learn a topic at a time. That is what this website helps you do as YOUR child grows and develops Also, learning about money and how to budget will be important as your child develops. Giving them individual chores will help them acknowledge working for money. And also having them be part of family chores. There are always going to be children with more money or children with less money. Make sure they understand, every family is unique, just like they are unique. Life is sometimes hard for children to understand. Learning about money and how to budget as your child develops is for the Toolbox.
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