How to teach your kids about money [Video]

Did your parents do a good job of teaching you about money? If so, then count yourself lucky. If not, it’s your responsibility as a parent to fill in the gaps where our education system often falls short.

Providing practical tips, advice, and engaging exercises throughout your child’s development can help them develop intelligent money habits early on, which can save them a lot of difficulty and hardship later on.

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From simple activities for young children to more advanced lessons for teenagers, I’ll share some tips to help you give your kids the gift of financial literacy.

Why financial literacy is important

Financial literacy is a critical life skill, and I would argue that it’s more important than many of the other required subjects in school. Forgetting basic algebra equations won’t have nearly as dramatic of an effect on your …