26min chapter

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103. Monopoly Money Mastery: Teaching Kids the Value of Wealth with Adam Carroll - Part 1 of 3

Millionaire University

CHAPTER

Teaching Children Financial Literacy Through Real-World Experiences

The chapter emphasizes the importance of instilling financial literacy in children through practical experiences rather than theoretical lessons. It details how using real money in a game of Monopoly transformed the speaker's children into financially savvy individuals. By giving children control over their money, guiding their decisions, and teaching them the real value of money, parents can foster responsibility and independence in their financial journey.

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