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How to Teach Your Kids About Money and Business – Take A Family Field Trip

Prairie Eco-Thrifter

You can have a fun, and usually inexpensive time helping them learn by showing them companies, factories and banks in action. At a local McDonald’s or other favorite spot of your child, first arrange a tour with the manager and during or after the tour, have your child talk about the different tasks they saw people doing.

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Stock Market Sectors: 11 Official GICS Groups

Savings Corner

Banks are a key industry group within the sector, but you’ll also find insurance companies , brokerage houses, consumer finance providers, and mortgage-related real estate investment trusts among financials. Amazon.com ( AMZN -0.27% ) and McDonald’s ( MCD 0.11% ) are among the biggest stocks in the sector. Financials 6.

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Ways for Busy Parents to Teach Young Children About Money

Prairie Eco-Thrifter

Start understanding vocabulary and concepts of economics – such as ‘resource’, ‘earn’, ‘income’, price, ‘currency’ and etc. At McDonald’s. Federal Reserve Bank of Cleaveland online activities . Know that money is limited and people need to make choices between things.

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