Financial Literacy for Kids: Six Ways to Teach Your Child About Money

Overview

While access to the privileges of wealth is a blessing in most instances, it can provide additional challenges in raising appreciative and self-sufficient children. As a parent, you play an integral role in helping your children learn self-sufficiency and financial literacy. If you want your children to obtain the financial skills and experience to manage their own money now and, eventually, the wealth they’ll inherit, they’ll need to learn a couple of key concepts and financial basics.

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