How can you prepare your children for financial health? How can you give your children and teens a head start towards financial success?
As a parent, your children are looking to you for advice, guidance, and modeling. Young children model spending, saving, and earning habits. Teens learn financial literacy by watching what they do. You can set the course for financial success by practicing smart financial habits.
In the United States, only 17 states require high schools to offer at least one course in financial literacy. Many teenagers never really learn the basics of budgeting, managing money, communicating about finances, and assessing risk.
You can help your young children and teenagers develop good financial habits.
Here are 8 tips to get started right away.
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