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A kSlip is an exciting new tool you use to teach your child to be financially astute. kSlip is an abbreviation for kid allowance slip. It functions like your pay slip but for your child's allowance. An allowance is recommended by most financial experts as the best way to teach your child about money, investment, savings, charity and prudent spending habits. The kSlip is a practical, tangible tool to help you in this pursuit. Best of all it is FREE. Try it. Create and print a kSlip and catch your child's attention! |  |
| Kids under 7 years old. | Kids 7 - 12 years old. | Teens. | |||||||||||||||||||||||||||||||||||
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Kids at these ages are usually familiar with money. They could have received it as gifts from relatives, had it doled out to them in an “as needed” basis for school lunch, movies, candy, etc. If they are lucky they have been receiving an allowance. How can you ensure that they have learned the necessary money management skill? |  |
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| How do you talk to a 3 year old about money? You certainly do not seat her across from you at the dining table and say “Listen kid, I am going to teach you about the importance of money.” If you did this the blank stare you received in response would be appropriate. Yet experts in the field of finance feel that at the age of 3 children are old enough to begin learning about money and its importance. Find out what the experts say you should do. |  Terms of Use |
You have a teenager on your hands, a full fledged young adult. If you are investigating giving an allowance for the first time then this quote from Jayne A. Pearl’s book Kids and Money is just for you. “If your kids are older [than 7 or 8] – even in their teens – and you haven’t got them on allowance, don’t worry; it’s never too late to start.” What are the skills most needed to help teenagers manage money as they make the transition into adults? | |||||||||||||||||||||||||||||||||||
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 Raising Financially Fit Kids by Joline Godfrey |
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 The allowance workbook for kids by David McCurrach. Visit him at www.kidsmoney.org |
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 Kids and Money by Jayne A. Pearl. Visit her at www.kidsandmoney.com |
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 Dollars & Sense for Kids by Janet Bodnar |
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 A Parent's Guide to Money: Raising Financially Savvy Children by Alan & Gibora Feigenbaum |
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 Money Doesn't Grow on Trees: A parent's guide to raising financially responsible children by Neale S. Godfrey |
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 Automatic Millionaire by David Bach. Visit him at www.finishrich.com |
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