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And while 66 percent say they know how to shop for the best deal when making a purchase, just 48 percent understand how to budget their money. "If we want to stem the tide of excessive consumer debt, we need to do a much better job of teaching our kids money management basics at an early age," said Carrie Schwab Pomerantz, the foundation's president. Read more Read about Teach Children to Save Day, April 25 on the ABA website and on TBA’s website |
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