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Ask HTM - Consolidating Multiple Retirement Accounts, Rolling Equity into a New Home, & Keeping Up with an Allowance #832

How to Money

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Teaching Kids Financial Responsibility

This chapter emphasizes the importance of setting a good example for children in money management and highlights the significance of daily financial conversations and behaviors. It explores different methods of teaching children about financial responsibility, comparing digital and tangible money management systems. The conversation also covers practical aspects of managing kids' money, including advice on handling overspending and using a combination of analog and digital tools for allowances.

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