7 Tips For Teaching Your Kids Money Management Skills

cute little girl painting piggy bank


When a child is born, no parent ever thinks to themselves, “I sure hope he/she grows up with no sense of personal financial responsibility.” I’ve never met a parent who didn’t want his or her children to be in a better position than they were, whether that be financially, emotionally, or otherwise. Given the economic climate our kids are growing up in today, it’s the job of moms (and dads!) to impart money lessons that will prepare them for the real world of career changes, bills, student loans and credit.

Yet few parents teach their children about money actively — even among the entrepreneurs I know. The……

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