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August 14, 2017

Start early to teach kids about money

  • Teaching kids good financial habits can begin when children are around 5 years old, or when they typically begin asking for an allowance.
  • By ALEX VEIGA
    AP Business Writer

    Parents should (eventually) explain how budgets work, as well as the basic principles of investing.

    A part-time summer job can teach teens the value of earning a paycheck, but not necessarily how to manage their money wisely.


     
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