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Should parents save money for their children future?
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[QUOTE="Shaf, post: 269197, member: 25467"] It is really important that children have some types of funds saved by their parents for future use. Emergencies can happen anytime, and also there are things like college education that need a lot of funds. Some parents start saving as soon as their children are born, some do it later in life. Banks even encourage parents to create special savings accounts for their children, where the money can't be accessed until the child reaches a certain age. This really helps in funding their education and travels during vacations. While it's important that parents save money for their children, children should also be taught the value of money and why they should save. Being taught from an early age how to save helps children to avoid impulsive buying later in life. If they have piggy banks to save money they earn or receive from people, they get excited when they get to use that money to purchase toys they want. [/QUOTE]
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Should parents save money for their children future?
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