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Money Basics

By , About.com Guide

Help teach your kids about saving, budgeting, taxes, and investing. Find out how to give your children allowances and teach them about money. When you help your child learn basic money management skills you'll position them to be successful with their money as an adult.
  1. Teaching Kids About Money
  2. Saving
  3. Budgeting & Allowances
  4. Investing
  5. Taxes

Teaching Kids About Money

Teach your children to be great at managing their money in the future. From introducing the concept of money to preschoolers to teaching your teens about credit, I'll guide you through the process.

Saving

Teaching children to save money isn't always easy. By routinely encouraging savings, they will understand the concept and see the benefits in the future. In addition, you'll be teaching your kids money management skills they will need to rely on when they become adults.

Budgeting & Allowances

Becoming a parent changes the finances for an entire family. Budgeting for children and teaching your children by giving them an allowance will help your family finances stay in order.

Investing

Once kids begin to learn how to save their money, it's time to help them invest their money. Helping your children explore the different investment strategies for kids will be a powerful learning experience.

Taxes

Basic money management isn't complete without a look at the tax impacts that children bring. Explore the tax credits for parents and the taxes that your children will need to pay on their savings and earnings.

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