6 Steps To Raise Financially Responsible Children: Step 4

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Learning Milestone

1. If you invest $2,000 a year at 8% interest from age 25 to age 35, then by age 55, you will have $85,000.
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2. Though teaching your child about saving money and budgeting is smart, it is much more important to teach your child how to invest their money in stocks, bonds and mutual funds.
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