Budgeting and Saving – The Art of Money Management Teaching kids about money and how, they can save money only when they spend it according to a plan and keep expenses under control. This whole procedure is called budgeting and saving. The art of budgeting and saving works a lot for survival. Here are some of my points on how you can teach your kids the art of money management to make your children's future secure
Keep strict accounts Tracking earnings and expenses Cut down unnecessary expenses Use your credit card only when needed Set up your investments and forget about them