Discuss the importance of spending, saving, and sharing their money wisely based on your family’s values.

Show your kids how saving just a couple dollars a week from their allowance can really add up.

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Talk to your kids about balancing their needs and wants and how planning and saving today can pay off down the road.

Have them save for something they really want so they can feel a sense of accomplishment with their money.

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Talk about what it means to budget and the importance of paying yourself first.

Make budgeting fun! Show them how you budget your money, let them watch you pay bills, and talk about ways you pay yourself first.

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Ask your kids about their dreams and goals and if they think they need money to achieve them.

Help your kids develop their own financial plan, and identify ways they can earn money to achieve their goals.

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Talk about how the decisions we make with our money today can impact our options down the road, such as going to college, buying a car, or purchasing a home.

Help them to understand the importance of managing their money wisely.

Discuss how debt can be used wisely to meet our needs, and how to avoid the accumulation of bad debt to satisfy our wants.

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Discuss how important it is to keep track of spending and how to use checking accounts, debit cards, and credit cards wisely.

Show your kids how to record their income and expenses to avoid overdraft fees, and talk about how important it is to pay their bills on time to avoid late fees and penalty rates.

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