Help Kids Recover From Money Mistakes

Children Savings Tips

When your child makes a mistake with their money (and they will at some point in time) it is very important that you help them to recover from this mistake and do not simply bail them out. This approach may seem tough at first, but in the long run it will help them more. It will teach your kids to respect their hard earned savings, not to be frivolous with their money and that they can't rely on someone to be there to bail them out when things go wrong.

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