5 Sure Ways To Set Your Kids Up For Financial Success

  1. Only Spend Within Your Means

The math is simple. One should not expend more than they are taking in. If you make $500 a week, you should not be spending $100 of that on weekly take-out.

It is not surprising that 56% of parents had this tidbit in their top three recommendations for a child.

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You can relay this concept to children by allowing them 5 treats a week. When they ask for more, you can remind them that they need to be aware of their allotment to ensure they stay within the given amount.