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There’s no better way to teach kids money skills than by allowing them to earn, save, invest, and spend their own money. Not only will you teach your child responsibility, but in time you will have a more financially literate child. BusyKid is an online chore system that simplifies the process so you can easily monitor your child’s completed chores and pay them an allowance with just a few clicks on your phone.

Financial Literacy for Kids: How Kids Should Spend Their Money Infographic with 4 simple ways that children can use their money to teach them financial responsibility.

Source: BusyKid.com

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