In a world dominated by poverty and destitution, it only makes sense that from their very young age, children are brought up with a strong financial education that will guarantee them a financially secure life in future. In this type of situation, the future is bright for such children. Giving kids financial education does not have to be as difficult as rocket science. All that is needed is the ability to demystify myths about money and to help them start on a personal financial journey that will benefit them in the long run even from a very young age. As such, all hands should be on deck to train children financially. This is one of the surest ways to ensure that the cycle of poverty and lack does not continue in our society. You can start by telling your children that money is neither good nor bad, rather it is made good or bad by the ends it is used to achieve. Also, children need to know that money abounds where value abounds. If you want money, simply become a person of value and money will come after you. Besides, wealth is not built in a day. It is built gradually. It is built from getting money, saving it and investing that same money. If all this education is put in place, families will breed more financially intelligent people who will, in turn, make the society prosperous. If you are considering opening an account for your child as a start on the journey of financial education, you could consider goHenry. You should read reviews of goHenry before you patronize them.
About goHenry goHenry is a fintech company that was founded by a small group of parents and childcare givers. They are passionate about teaching kids and teenagers how to manage money in the modern world and also make allowance easier to manage in the family and have a positive experience with money altogether. They devised a solution that was simple and practical for kids and their families. They believe that financial education is very crucial to a child's overall success even when they become adults. They offer kids an intuitive budgeting tool and a safe spending solution. They also believe that kids should know how to operate in an increasingly cashless society and learn above earning, saving, spending and giving. They have over 500,000 members and have been named as one of the leading 100 fintech innovators in the world in addition to many other awards.
How To Manage Your Money (50/30/20 Rule)
Services of goHenry Their services include an app that allows kids manage their finances with parental control and a debit card with a state-of-the-art security chip, PIN-protected transfers, no risk of overspending and easily Bloc when the card gets lost.
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