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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. Health insurance: This is a must; should someone get critically ill, mountains of medical bills can bury you very quickly. That’s where these strategies come into play.

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Ways for Busy Parents to Teach Young Children About Money

Prairie Eco-Thrifter

They start to recognize money and to be able to tell the difference between different coins and bills (but probably won’t be able to understand that the coins have different monetary values). My grandkids were 6 and 3 and they really got into this! We used real coins and Monopoly bills and their toys as store merchandise.

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