EssentialsApril 2, 20265 min read

Money Skills for Every Age

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Gollak Team

Family Finance Experts

Different ages, different money lessons!

Ages 5-7

  • Coins and bills recognition
  • Saving in a piggy bank
  • Wants vs needs basics

Ages 8-10

  • Making change
  • Setting savings goals
  • Earning through chores

Ages 11-13

  • Budgeting allowance
  • Comparison shopping
  • Understanding interest

Ages 14+

  • Bank accounts
  • Investing basics
  • Part-time job income
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