8 money guidelines for kids 8 money guidelines for kids

Categories: Miscellaneous
Written By: Rodel

1. Know what money is and what you can do when you have money.
2. Money earned by working or starting a business is active income.
3. Money earned from savings or investments is passive income.
4. Know the difference between Needs (can’t do without) and Wants (nice to
have).
5. Learn to budget your money. Set an amount for savings.
6. Money saved can earn more by investing wisely.
7. Try to buy wants only with earnings of your savings.
8. Share your money earned to bring more blessings.

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