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On The Money: Making kids money-wise


This news story was published on August 8, 2012.
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By Chuck Myers, McClatchy-Tribune News Service –

Imparting the importance of saving money to children, teens and even young adults is no small challenge.

A few good websites, however, offer tips for parents and kids alike on how to start saving money at an early age and take a responsible attitude toward personal finance.

Here are just a few:

—401Kidz: Covers a variety of saving and investing programs for children, and parents with children. http://www.401kidz.com/investment/typesofinv.asp

—American Credit Foundation: Spotlights steps parents can take to teach children about saving and personal finance.http://www.americancreditfoundation.org/teaching-children.php

—The Mint: Features five “tricks” for parents to teach kids about saving money. http://www.themint.org/kids/saving-tricks.html

—MoneyInstructor.com: Discusses saving habit techniques in three categories by different age ranges.http://www.moneyinstructor.com/art/teachchildren.asp

—U.S. Securities and Exchange Commission: Offers talking points and illustration ideas designed for adults teaching children about saving and investing.http://www.sec.gov/investor/students/tips.htm

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