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  • Counting money
  • Adding and subtracting money
  • Budgeting and financial planning
  • Understanding profit and loss
  • Calculating percentages

Parents can encourage continued development by introducing real-life scenarios where the child can practice budgeting and financial planning, such as creating a grocery list and sticking to a budget while shopping. They can also play games that involve calculating percentages, such as guessing the discount on sale items at the store.

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