Ways to Teach Your Kids to Be Financially Independent

Ways to Teach Your Kids to Be Financially Independent Let Them Make Spending Mistakes.

Show Them That Work is Rewarding.

Break Out the 24-Hour Rule.

Connect Saving, Spending, and Giving From the Outset.

Show Them the Price—and the Path.

Another important thing that we can not skip is teaching money management to children as it is a critical life skill.

By the time a child is old enough to leave home and head out into the world on their own, the best opportunities for teaching them about how to best manage their money are over, so it is important to start early.

Source: money.com