Knowing How to Plan your Finances is Smart

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Are you looking to better your finances?

It's always a good thing to be planning your finances whether you're old or young. Being able to know what you have in the bank, know what is saved, and what you may or may not have for life insurance lapse, is a good thing to always know.

I know a lot of people who started taking charge of their finances when they went to college and while they were working themselves through college, to save up to buy a house for when college was done and they were graduated and working full time in the field that they specialized in. 

I think that it's important to teach young people to know how to save up their money instead of allowing them to spend it on whatever they choose, so they can be smart with finances in the long run. Life insurance is one thing that everyone should have, but not everyone does by any means. 

I know for our family, our older two sometimes make some money here and there from friends who have them do small jobs or shoveling at times, and they get excited for making money and then spend it all; I wish they would save it up and then in 6 months to one year and see how much they have made and saved up, and they are only 10 and 11 years old. They like to make money and save up for something they really want to get. 

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