(BPT) - One of the most exciting parts of parenthood is watching your children learn as they grow. Of course, life's lessons can be tough just as often as they can be pleasant. And as you want to protect kids from falling off their bike or scraping a knee, you also want to set them up for a successful financial future, as free from worries as possible.
One of the best things you can do to prepare your kids for a lifetime of handling money is to get them started early. But it isn't only about timing - following through with lessons and providing plenty of explanation is essential.
Keep these tips in mind to give your kids a leg up in learning about finances.
Teaching kids about money can be daunting, but doing so lays the groundwork for a stable financial future. Whenever possible, make lessons about money fun, yet practical; emphasize that money doesn't have to be scary, and that good things come from using it wisely. -
Visit the Equifax Finance Blog (blog.equifax.com) for more useful information and tips on managing family money matters.
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