How to make kids financially foolproof
If you want your children to be better money managers, you need to model that behavior in your home. They need to see you saving, spending wisely and using credit sparingly. They need to watch as you make good financial decisions.
A recent Bank of America and USA Today survey of millennials confirmed this parental influence, with 58 percent saying their parents’ advice or their example had an impact on their financial decisions.
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