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Kids Commit when they Invest {Family Money Minute Radio}

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July 28, 2014: Kids Commit when they Invest

How can you get your kids to commit to something for longer than five minutes? The answer may surprise you…

This summer, our kids desperately wanted to get season passes to our local waterpark. But when we discovered they cost $60, we promptly told them we didn’t have an extra $240 in our budget that month…If they wanted the passes, they’d have to pay for it themselves. And guess what? They did!

Both are under 10, yet both decided they’d rather invest in a summer at the waterpark than a bunch of junk from the dollar store.

The next time your kids ask you for something, ask them if they’re willing to invest their own money in it and then you’ll really discover just how important it is to them.


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