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a Dealing with Dollar$ workshop

Children and Money

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Canadians have record levels of debt

Our instant gratification culture

Good money habits last a lifetime

Even young children can learn the

value of money

You don’t have to be a financial expert

to teach good money management

skills

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Talking about money – yes, do it! Positive vs. negative – an asset or stress

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Small steps and teachable moments…

Start close to home Talk about money Use actual money Use every day examples

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Chores or no chores?

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Let them make mistakes Offer chances to earn extra income Take them to the bank to open their own

account Let them see you making decisions about

money Play games together Yard sale

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Encourage teens to look for work Help them develop a budget from that job Discuss post secondary and career options Give them a budgeting task Credit cards and debit cards Prepaid cards Cell Phones Teach them about Identify Theft

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Lots of options

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