There are a lot of good reasons to teach your kids about money. For one, you don’t want your children repeating your financial mistakes. Also, if you raise financially savvy adults, chances are they won’t someday be asking you for money. By helping them, you’re helping yourself.
As you can imagine, there are many approaches to teaching your child about money. Some parents believe in allowances, others don’t. Some companies market debit cards to elementary school children, and some parents think that’s an inappropriate age to be learning about a debit card, no matter how many parental controls are instituted.
What matters, of course, is what you think. But here a few general rules of the road…
The post Ways To Teach Kids About Money originally appeared at U.S. News & World Report.