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Kids and Money
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Teaching Kids How to Budget for Groceries
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The description below was contributed by: A visitor, on Jul 03, 2000 09:05:24PM


Appropriate age group(s):
5-up

Description of technique for teaching kids the value of money:
Let your child make the grocery list, clip coupons and stay on a budget. Let them know how much things cost, which are the most important, which are the most nutritional, etc. They quickly learn that you are not just being mean when you won't let them get everything they want at the store and that you have to make decisions based on what is affordable, nutritious and practical.

Other comments or suggestions:
Let older children do the bargain hunting and actual coupon clipping. Let them either add the savings to a bank account or get additional purchases. This is great if you have trouble finding the time to clip coupons and feel guilty shopping without your coupons.

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