8 ULTIMATE WAYS TO PREPARE YOUR KIDS TO SAVE MONEY Making the young better money managers is vital to make them understand matters such as earning, spending, and saving. Money, as we all know, is a basic means that we require to acquire necessities in life, including food, sustenance, clothing, medical support, and all sorts of provisions. Today we are going to talk about how to prepare your kids to save money. The more you teach the young about money and the vices that accompany it, the more they will become better at avoiding compulsive behaviors, including the likes of spendthrifts. In a recent study by Youth.gov, 18% of 15-year-olds in a survey were found to have not learned the fundamental financial skills that applied in everyday situations such as budgeting, comparison shopping, and invoicing. Furthermore, high school seniors scored an average of 48% on financial literacy exams, showing a strong need for comprehensive financial education. With increasing student debts and credit card debts amongst the young, no one can deny the obvious. In light of this information, let’s take a quick look at some of the ways through which you can prepare your kids to save money.