By giving their children ample opportunities to learn about money management, parents help them develop into responsible adults.
To help your children master essential money skills and someday break free from you, devote time to financial homeschooling. Here are 10 ways where your child can be financially independent.
Have your kids donate a portion of their allowance to charity. It teaches them that money can be used to help people, rather than just for buying things. Remind them that it's not how much you give every little bit counts.
We have the scoop on when it’s time for you to talk to your kids (and grandkids) about money and personal finance. Check out our list of age-appropriate things you can do to teach them the basics.
If you have children under the age of about 14, sitting them down to have an educational conversation about money management is about as useful as putting wet wood in the fireplace.
Most parents excel when it comes to teaching safety and good manners, but with money, few know where to start. Money skills can be a blind spot because so many feel financially inept themselves. Yet research suggests parents’ behavior is the bigge...