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Reply to "Best way to teach kids about money"
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[quote=Anonymous]1) Make them get a job. Doesn't need to be many hours, but needs to teach them the value of their time. 2) Make them invest. Explain that they can use their money to buy fun stuff, or they can use it to buy little machines that spit out more money (investments). Have them pick a couple little machines (ETFs for example) and follow up a year later to show them how spending X paid them Y.[/quote]
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