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16 Money Habits Every Parent Should Teach Their Kids

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powerofpositivity.com

What is a money habit? It’s a sustainable, repeatable way to you manage some aspect of your money. The money habits you keep – whether good or bad – can tell you a lot about your finances.

You can see the results of your habits in your savings, earnings, and how much you invest. We pass our habits along to our kids as they model their behavior off what they watch us do.

That transfer of knowledge and habits can either be intentional or involuntary – it’s up to you. If you want to set your children up to be successful adults, then a great thing to do is to help them establish good money practices at an early age.

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