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Teaching your children how to manage their own money even at a very young age is very important and is of great help when they grow up. This would serve as their stepping stone as they enter and face the financial world. I believe that the country’s hope is the future generation. They are the future’s savers, investors, and spenders.

When you speak of financial literacy, this would include saving, budgeting, insurance, investing, and understanding the concept of debit cards, credit cards, and the like. We already have states that require personal finance education in schools. They even have increased their standards. How

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