Most parents don’t do a very good job teaching their children how to manage money. Just under 90-percent of the moms and dads taking part in a recent BMO Harris Bank poll believe they are a primary resource in educating their kids about personal finances, including saving and investing. However, only 36-percent say they actually take a regular, active role in their kids’ economic education. Experts say parents can teach children under the age of ten about basic money skills and what it means to save… and start to take an active role in their own money management as teenagers.
KAFE This Morning
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