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Date: Tuesday, 24. November 2015
Author: Gast
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kl \"Children begin to learn what money is – like how the different denominations work – during their pre-kindergarten years, but their understanding of the concept and value of money does not emerge fully until 6 years of age or older,\" says Lorraine Breffni, director of early childhood at Nova Southeastern University\'s Mailman Segal Center for Human Development in Fort Lauderdale, Fla. She says 6 is a good age to start. If you want to open a savings account, age 9 is a good time to do that, and by 12, children generally understand the concept of using an allowance for longer-term investments.
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