Here are some simple money lessons that can help kids build a solid financial foundation.
Tell your kids that money is a byproduct of hard work, and there are limits to what it can be offered.
It is often a surprise to children to learn that when money is borrowed in the adult world, we pay back more than we borrow!
Show how much easier it can be to save when done regularly, even in small amounts, and that saving can help reach bigger goals.
Teach your children to be careful with money. This means not putting cash in your pockets or leaving change in the bottom of a backpack.
Just as you are a resource for your children, the team at Capital Wealth Advisory Group can be a source of financial knowledge for you. Keep your own finances on track with regular financial reviews, and you’ll be better prepared to engage your kids in meaningful conversations about money. Visit CapitalWealthCares.com for more information.
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