Teach your children about money from "summary" of The Barefoot Investor by Scott Pape
You may think that teaching your kids about money is as boring as watching paint dry. But as a parent, it's one of the most important things you can do. Because if you don't teach your kids about money, who will? Certainly not the school system. And definitely not the credit card companies, which are spending millions of dollars to get your kids hooked on debt. So, how do you go about teaching your kids the value of a buck? You start by setting a good example. Kids learn more from what you do than what you say. So, if you're always splurging on expensive toys and gadgets, they're going to think that's the norm. But if you show them that you're saving and investing for the future, they'll learn that money is something to be respected. Next, involve your kids in the family finances. Let them s...
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