Penny is an artist. She loves spending her days painting and sculpting away in her studio.
She dreams of opening her own gallery one day and works hard to save up for it, putting all of her money straight into her piggy bank. However, this can cut into her art supplies fund. This means that when Penny needs more paints or clay, she goes without in order to not spend any of her money.
There isn’t anything wrong with Penny – that’s just part of who she is! In order to help her get her supplies, Penny’s dad is helping her to find the best sales and discounts whenever she needs something new!
Help grow your child’s financial brain
- 1Sit down with your child and talk to them about wants and needs. Explain that needs are the priority and their wants can be saved for!
- 2Give your kids an allowance of some sort! 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. 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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