Will Your Child Become a Saver or a Spender?
According to parenting expert Dr. Michele Borba, what your child spends at 12 will determine how she saves the rest of her life. The habits you set in early are the habits that will last a lifetime, so it’s important to teach your child, especially in the pre-teen years, the importance of saving. Here are some tips from Dr. Borba on how to teach your pre-teen to be a smart saver. 1. Attitudes about money set in during the pre-school years, so hopefully you have set the founda