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Teaching Children the Value of Saving, Sharing, and Giving
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David Li, a financial educator, encourages parents to teach children the value of saving, sharing, and giving by distributing cardboard banks labeled as 'spending,' 'sharing,' and 'saving.'
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How can parents effectively teach children the value of saving?
How can policymakers use the information about cohabiting with family members to address financial struggles?
What are some strategies to encourage children to think about the purpose behind their savings?
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