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Delayed Gratification

Teaching Children While Saving for College

Many adults, find it hard to plan for something that may not happen for another few years or decades. For a child, it may be nearly impossible to comprehend the need to worry about something that won’t occur until they are two or three times as old as they are today. However, it is critical that parents find a way to teach their children while saving for college as part of their mandate to prepare them to become independent adults. This is not simply because of the benefits of getting an education, but the process itself is actually beneficial. If you simply plunk the money down when the time comes you will actually not be doing the best thing for your child and he or she may not appreciate the gift that has been bestowed upon them and thus may actually waste much of the opportunity.

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