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Teaching Your Child About Finances Early On

First Piggy Bank“Last year education researchers at the University of Cambridge reviewed more than 150 papers and studies and concluded that basic financial habits are pretty much set by age 7. A pivotal 2009 University of Wisconsin report showed that children as young as 3 are able to grasp basic financial concepts like value, exchange and choice.” That very interesting statistic comes from today’s article about how important it is to teach your child about money in the early years. Getting a financial education from school is pretty unusual because most states do not require a personal finance course. To read more, CLICK HERE.