Daily IELTS Answer – How can parents teach their children to save money?

“Parents can teach their kids about saving money in different ways. For example, they can encourage them to [put some money aside] and according to how much he saved, they can give them the same amount so they can buy what they like. In addition to that, [BEING A role model] of saving money is the most important. So parents should [SET AN EXAMPLE] of not blowing their money.”