The 15 Best Ways to Teach Your Kids About Money

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Teaching kids about money needs to start early. Using their allowance and these fun activities can help them learn the importance of saving, giving and spending wisely.

1. Put it in the Bank

Purchase a special three-compartment bank for each of your children or use three jars: one for saving, one for spending and one for sharing. This helps kids see their money add up. Figure out how much money goes into each jar by using the following simple plan in our next tip.