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Age 8-10

This is the age where their curiosity will enhance & make them understand & imbibe value for money will be very easy; your kids would be ready to understand enough about money.

  1. Allowance for household chores with attached purchase responsibilities.
  2. Make them understand about savings.
  3. It is a time to open a bank account for them
  4. Remind them; money is earned by working.
  5. Make them understand concepts like income & expense.