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How do kids learn about money? From the adults in their lives. So how can you set a good financial example for your children?
By talking to your children about your own financial habits and planning, they can gain the knowledge and best practices needed to help them better manage money in the future. Here are three simple lessons you can reinforce with children of any age.
Look for ways to drive home these lessons – for example, you could share an easy-to-understand version of your own budgeting process. Including your kids can help them see the “big picture” of your household’s finances and help to strengthen a foundation of financial responsibility.
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