Involve children in family financial decisions from "summary" of The Opposite of Spoiled by Ron Lieber
One way to help children understand the value of money and the importance of making wise financial decisions is to involve them in the family's financial discussions and decisions. By including children in these conversations, parents can teach them important lessons about budgeting, saving, and spending. Children can learn a great deal by being included in discussions about the family's finances. When parents explain their financial decisions to their children, they provide them with valuable insight into how money works and the reasons behind certain financial choices. This can help children develop a better understanding of the value of money and the importance of making smart financial decisions. Involving children in family financial decisions can als...
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