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RE: My 8 year old son has a budget!
Thanks for stopping by and the kind word @frugallady :)
For now we not investing the retirement money as yet (it's just too little) but I want him to learn that 10% of his salary (technically 20% if I include the tithing) is never his - he can't use it in his planning. Just this principle alone is gold!!
Later on when we up his allowance a bit then we'll start doing something with his retirement money :)
It really is. Both my husband and I were taught the value of saving from our parents and it has been such a great help.
Definitely one of the best lessons your parents could have taught you guys!! Good on you :)