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Mom's Resource Page: Money Saving Tips: Kids In School Stories 1 to 2 of 2  
4/20/2010
money saving tips
Clip Coupons    Always clip coupons and use them at the grocery store. This sometimes time consuming process is a necessary evil to saving money on food costs. The coupons are especially valuable if you use them in conjunction with a sale on a particular product. Sometimes, you can even catch items for free. Take a few extra minutes to clip coupons and you will find your costs beginning to drop over time. Set Up a Budget    Set up a budget. Many young parents are not on a budget yet, and this can be the difference between living week to week and having a nice little pad on your savings account. Setting up a budget allows you to see what you spend your money on, and where you can trim the spending. This will save you a ton of money in the long run. Sit down and set up that budget right away! Check Out Free Options    Look to free options when you take the family out for the day. Rather than going to the family theme park, take them to the city park instead. The fun that you can share throwing a frisbee, or even playing some softball, can be ...
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4/20/2010
Teach Your Child to Save Money
   Money gives people -- both young and old -- decision-making opportunities. Educating, motivating, and empowering children to become regular savers and investors will enable them to keep more of the money they earn and do more with the money they spend. Everyday spending decisions can have a far more negative impact on children's financial futures than any investment decisions they may ever make. Here are 9 simple ways to help educate children about personal finance and managing money: 1. As soon as children can count, introduce them to money.     Take an active role in providing them with information. Observation and repetition are two important ways children learn. 2. Communicate with children as they grow about your values concerning money    How to save it, how to make it grow, and most importantly, how to spend it wisely. 3. Help children learn the differences between needs, wants, and wishes.    This will prepare them for making good spending decisions in the future. 4. Setting goals is fundamental to learning the value of money and saving.    Young or old, people rarely reach goals they haven't set. Nearly every toy or other item children ask their parents to buy them can become the object of a ...
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