Economics, saving and budgeting for kids

Are your kids’ wish lists bigger than their allowance?

Use SmartStart’s free interactive Allowance Room and Money Machine sponsored by the Canadian Imperial Bank of Commerce so they can learn more about economics and figure out how to get an item they want. They just enter their Weekly Contribution and any Parent Contribution there might be and click Submit to use the money calculator.

There are 15 items ready to buy in the Money Machine, but students can personalize their purchases by entering the retail price of a New Item to calculate how long it will take to save for the item.

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