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How to introduce children to budget literacy

How to introduce children  to budget  literacy
How to introduce children to budget literacy (Photo: iStock)

Start Simple: Make money concepts relatable. Instead of abstract explanations, tie finances to things children already understand, like their allowance, school supplies, or birthday money.

Introduce taxes using real-life examples: Explain this way, "When we buy this bread, a part of what we pay helps fix roads and pay teachers."

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