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Starting Early: Building a Foundation for Money Conversations with Kids
This chapter emphasizes the significance of initiating open and honest discussions about money with children from a young age, stressing the importance of basic money concepts like transactions and safety. Personal anecdotes underscore the value of learning money lessons from immigrant parents and the need for intentional conversations to normalize discussions around money. Strategies for introducing money conversations during summer and managing kids' money personalities are explored, highlighting the benefits of purposeful teaching and involving children in financial decisions.