Answer:

Saving money helps to nurture the development of childrens personality as well their growth.

Explanation:

It does help them to prepare for their future in many possible aspects, saving money teaches a child to be, First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom and Lastly, “Saving teaches goal-setting and planning. Saving stresses being prepared. Saving builds security and independence.”