When Lauryn Luther earns money she is careful to set aside 15 percent in a rainy day fund right from the start. She also saves another 15 percent in an interest-bearing account for big expenses down the road, like college or a car. She then commits 30 percent to charity and spends the last 40 percent mostly how she sees fit – whether that’s on toys, a book or her favorite candy.
She’s a 10-year-old.
Lauryn is one of a growing number of children who have learned about money by enrolling in a summer camp focused on financial education.
Read Article: http://www.cnbc.com/2017/07/21/more-kids-choose-summer-camps-that-focus-on-finance.html