How to Help Your Kids Learn Money Management Early

Christine Georges: My husband has always been frugal and started planning for our retirement before we even got married. As soon as the older three got jobs in their middle teens, he had them open IRAs and showed them the growth potential. Our fourth child, our 14 year old, recently got her first job. The first thing she asked was, can I open a retirement account like my siblings? So, of course, she now has her own IRA.