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7 Keys to Raising Money Smart Kids
By Liz DaSilva – Mom, Teacher and
Co-Founder of KidsWealth!
According to the US Education
Secretary, Margaret Spellings; “One of the skills most critical to
our kid’s future success is to know how to manage money.” Below
are the keys to teaching your kids how to successfully manage
money, learn the value of a dollar and build successful money
habits that will last them a lifetime!
While the facts about kids and money in today’s economy are
worrisome, the good news is there’s hope. You can help secure a
bright future for your kids by raising them to be smart with
money! What they learn as kids will become a solid foundation for
a lifetime of joy and happiness! Imagine if you had learned about
money when you were a kid. Would it have made a difference in your
life?
Here are seven keys to raising money smart kids briefly outlined
to help you, help your kids:
1. Teaching Kids About Money Starts At Home! Parents must believe
and accept full responsibility for teaching their kids about
money, just as they teach their kids about all other areas of
life.
2. Younger Is Better! Transferring
purchasing power and ownership to kids at a young age builds
confidence self-esteem and self-perception.
3. Pay Your Kids “REAL” Money! Kids
learn better and faster if they can experience what parents want
them to learn.
4. Teach Your Kids A Money Management
System! Wealth is a state of mind: it all starts with how you
think. Use a proven wealth building formula.
5. Allow Your Kids To Manage Their
Money And Make Their Own Decisions! Kids, who learn to manage
their own money, learn to manage their life.
6. Trust, Guide and Support Your
Child’s Learning! Kids will do and be whatever is expected of
them.
7. Keep It Simple and Have Fun! Money
and wealth creation is simple, once you know how to do it.
For more information on each of these
Keys to Raising Money Smart Kids and other strategies to help
teach kids about money visit:
www.kidswealth.com
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