Teaching kids about money and financial values isn't just about preparing them for financial success it's about teaching them responsible decision-making boosting their confidence and independence and reducing their vulnerability to scams and manipulation In this video Peter with Richon Planning and Erin Kennedy share tips to get the ball rolling Tailor your approach to their age conversations and questions should vary depending on whether your talking to young children versus tweens versus teens Use everyday opportunities to teach grocery shopping paying bills discussing needs versus wants Lead by example be transparent about your budget savings goals and spending habits
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