Parents have many challenges when it comes to raising their children. One of the most important is also one of the most overlooked: financial literacy.
What does it take for a parent to teach a child about smart money behavior? Perhaps the best way to do this is by actions, not by lectures. Show your child what to do. Demonstrate it in a way that allows children to engage when they’re ready. Guide them when they are ready. Then, let them go to make their own (hopefully minor) mistakes.
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