Yes, I think it is important to teach children money management at a tender age. That is when they start knowing about money and can understand it when you teach them about. There are many age appropriate methods to teach children ...
Growing your wealth with a low income demands a great sacrifice, you have to be able to sacrifice most of your meagre income in growing your business, first of all you'll have to save, it'll take you a very long time to save enough to start a business. You might also look at climbing the corporate lRead more
Growing your wealth with a low income demands a great sacrifice, you have to be able to sacrifice most of your meagre income in growing your business, first of all you’ll have to save, it’ll take you a very long time to save enough to start a business.
You might also look at climbing the corporate ladder in your job and increase your income, by getting more certifications and learning more skills.
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Yeah, it's important to teach children to manage money effectively, it'll help them when they grow up, they'll build financial discipline that can help them achieve their goals, it's easy to be impulsive with money and just spend, but preserving, multiplying and Invetsing are very hard to do. You caRead more
Yeah, it’s important to teach children to manage money effectively, it’ll help them when they grow up, they’ll build financial discipline that can help them achieve their goals, it’s easy to be impulsive with money and just spend, but preserving, multiplying and Invetsing are very hard to do.
You can also take it further by offering them incentives when they reach their savings goals or gift them some money to motivate them.
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