Sofie is an aspiring dancer. Ever since she was little, she has dreamt of going to The Juilliard School for Dance.
Sofie struggles to save for her dream school because she has SO many wants. She sees new dance shoes in a window and has a deep need to go buy them as fast as she can. There isn’t anything wrong with Sofie – that’s just part of who she is! It does make it hard for her to achieve her future goals.
Sofie’s mom is helping her to make a piggy bank that she can put some of her allowance into each week. Through careful planning and encouragement from her friends, Sofie will eventually be able to achieve her goals.
Help grow your child’s financial brain
- 1Sit down with your child and talk to them about what their wants and needs are. Explain that needs are the priority and their wants can be saved for!
- 2Give your kids an allowance. It will help them grasp how to save, spend, and share their money.
- 3Allow them freedom with their money, but do give them some tips for managing their funds. We want to let them have their own money personality and not feel bad about it, but learning aspects of other types will help later on in life.
DISCOVER YOUR CHILDS MONEY PERSONALITY
Click their age group to be taken to the Kids Assessment!
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