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Give your kids a head start by teaching them about the value of money

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By Chantalle Bell Kids need to be taught about the value and appreciation of money from an early age - how to do this and when to do this is often the question. Luckily children learn fast, as they are incredibly inquisitive and even more so when they start to see how to reap the benefits of their hard work and savings. “Introducing kids to money and how it works should begin at home. We want to avoid sending our youth out into the world without a good working knowledge of how finances function. Preparing them fully for the rigors of investing, credit, mortgages and all the other facets of our day to day living” says Craig Hutchison, CEO Engel & Völkers Southern Africa . Why kids should know about how to work with money It’s never too early to help your kids develop good financial habits and teach them to practice smart money management.Teaching children the fundamentals about earning and saving, and how to deal with money from an early age, will be extremely beneficial to...