For the month of October I am participating in a 31 day event where bloggers post each day on different topics. I chose the topic of teaching kids about money and finances.

Dave Ramsey’s Financial Peace Junior is a great way to teach kids about the importance of saving money for things that they want to buy. The kit includes a story book, Save Spend and Give envelopes, a chart to keep track of commissions and how much they need to save for items, a CD and a calculator.

Dave Ramsey believes in getting commissions for doing chores instead of allowances.

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