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Teaching your kids about money: Part 1

17th February 2021

Learning good money management skills is something you can do on your own, but it helps if you have someone there to guide you and impart little pockets of wisdom. This is why we think it’s good to teach your kids about money from an early age. Opening up discussions about finance with your teenagers, teaching little ones about the difference between 20p and 50p and small encouragements to preteens and their savings: it all helps build a positive relationship with money.

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR


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