Children's Day: 10 ways to help your kid develop good money habits
Children's Day: 'Monkey see monkey do' is the approach that children follow, so they usually pick up and replicate what they see their parents do
- Nov 14, 2019,
- Updated Aug 21, 2020 10:48 AM IST
Children's Day: 'Money doesn't grow on trees' is a saying that each one of us has heard at least once in our lives. But what if money could 'grow' and in a way that it can take care of all our needs even post-retirement?
With rising inflation, increasing lifestyle aspirations, as well as life spans, it is important to not just save money but do more with it, that is, invest it to beat inflation. Like adults, children too need to understand these concepts of personal finance management so that they are well-equipped when they have an income of their own.
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Children's Day: 'Money doesn't grow on trees' is a saying that each one of us has heard at least once in our lives. But what if money could 'grow' and in a way that it can take care of all our needs even post-retirement?
With rising inflation, increasing lifestyle aspirations, as well as life spans, it is important to not just save money but do more with it, that is, invest it to beat inflation. Like adults, children too need to understand these concepts of personal finance management so that they are well-equipped when they have an income of their own.
Also Read: