Kids money box tricks & tips
The comments and links on this page are not provided to you as advice or fact, mearly as general comments from my own experiance. For official financial advice please contact an (IFA) Independant Financial Advisor.
Other pages on my site provide you an opportunity to spend some money for a special ocassional or gift, this page provide tips on not spending your money and "Save for a Rainy Day" which is a Fantastic skill some adults can't even do.
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More Cool Sites & Links Will be added soon.. Why not 'Like' or comment on our Facebook page to Support Us.
Great FREE PDF for all 14-16 yrs covering topics including Spending and Saving, borrowing, debt, insurance, student finance & future planning. Why not read this and test your parents.
& Much Much More Here
Business Ideas ???
Calculating % - I always found it easier to calculate what 1% was then multiply it by how many you need.
- If you were given £20 how would you turn this in to £40 or more?
- What is everyone (boys & girls) going crazy for? Could you get/create a product/service and sell it to them or online?
- Don't spend all your profits,
- Remember to save 10%-15% for a rainy day,
- And 5% for your own business
Calculating % - I always found it easier to calculate what 1% was then multiply it by how many you need.
- (eg £20 was your profit) £20 divide 100 equals 0.2 (0.20p)
- Then multiply the 1% value for the figure you wish to establish
Do You Want a FREE PIGGY BANK? |
With a parent, visit your Bank branch in your local High Street and ask for one, simple as 1,2,3.
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Money! Spend? Save? What is it?
How can you use it? |
Money, Cash, Mulah, Wonga,
Reddies can result in Great Choices (Choices which YOU can choose to have or leave) |
If you borrowed money off your mum or dad, are you confidant you can be repay them within a short time frame?
How can you earn money to repay your new debt?
Pocket Money or Wages : Save more than you spend "Be sensible with your currency and do not have any bad debt"
How can you earn money to repay your new debt?
Pocket Money or Wages : Save more than you spend "Be sensible with your currency and do not have any bad debt"
_Be Wise With Your Coins, here are two great files you can save on your computer today
Can you calculate your Money?
Pocket & Job Money take-away Sweets & Toys = Savings
Money coming IN should always be HIGHER than money going OUT of your pocket or BANK
Can you calculate your Money?
Pocket & Job Money take-away Sweets & Toys = Savings
Money coming IN should always be HIGHER than money going OUT of your pocket or BANK
Free Downloads
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After receiving a great comment recently from a visitor who recommended the following as a great guide for children, parents & teachers http://www.ignitespot.com/financial-literacy-guide-for-kids
Fun Links & Videos To Enjoy
Parents, Guardians & Scout Leaders
Children need to learn about saving, budgeting, bills, investing, managing credit cards, retirement, and goal-setting if you want them to achieve their money-making dreams.
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