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however, it?s completely normal to want to do nice things for your
child
. ?your goal may be to make certain that your
child
has more or better opportunities than you had, and you may tend to go a little overboard, so a sense of entitlement can be ingrained immediately,? says phillips. try to talk about your
financial
decisions with the family. ?discuss how to save and how
money
?grows? because if your
child
learns it too late, he will make a
financial
mistake that will hurt him for the rest of his life,? says phillips. you may be surprised to find just how much your
child
is interested and eager to get a handle on
money
and work hard for it. ?the earlier you talk to your kid, the more he will retain because he is in his formative years and will learn the value,? says phillips. ? k e e p t h e m fi n a n c i a l ly e d u cat e d
financial
institutions are nearly completely managed electronically nowadays, but that doesn?t mean that your
child
shouldn?t still engage with them. get involved in your
child
?s education and inquire about what he learns during the day. schools are often required to teach students how to bal- ance a checkbook, identify coins and bills, and recognize the difference between wants and needs. ?ese concepts are incorporated into math, so- cial studies, and civics classes. louisiana lawmakers unani- mously passed the law de- manding that schools teach kids how to spend, save, earn, and invest. ?under the law, students will have 12 years of personal
financial
instruction with the goal of empowering them as confident, informed future consumers,? says rep. paula davis. a pply t h e s k i l l s learning how
money
works and how to take on responsibilities can be fun. attempt to apply the skills by playing a board game like monopoly or life as a family. clip coupons together or make a shopping list for a trip to the grocery store that fits a certain budget. let your
child
help you pinpoint items that are on sale. explain to your
child
what it means when you use a credit card and how it can sometimes mean that you are paying interest. set aside some
money
to give to a charity of your choice each month. ?is will show your
child
that while
money
matters, it?s more important to spend quality time together. $ $ $ $ m ow l aw n $ wat e r g a r d e n $ vac u u m l i v i n g r o o m $ $ s w e e p f lo o r s $ ta k e o u t t r a s h $ $ $ c l e a n b at h r o o m $ $ $ d u s t t h e h o u s e $ $ loa d/ u n loa d d i s h wa s h e r h a v e y o u r c h i l d b r i n g y o u a c o m p l e t e d c h o r e c o u p o n t o b e r e d e e m e d . january 2017 | brparents.com 57 january 2017 | brparents.com 57
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