In this episode, I'll discuss how you can use everyday situations to teach your children about responsible money management in age appropriate ways. You can educate your kids about budgeting, prices, and sales tax at the grocery store. You can explain mortages, interest rates, student loans and credit cards to your teenagers. Paying your children commissions for doing their chores will help them make the connection between work and money at an early age. Teaching your kids about money can be a fun, hands-on experience for both of you!
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