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Transferring Wealth with Danielle Saputo

Serious Coin

CHAPTER

The Importance of Learning to Spend Money

Parents of affluence should teach their children about money from a young age. Give them the simplest lessons such as how to earn 25 cents for gumball machine, she says. She tells her daughter: 'This is coming from your RSP and this is what you're making on your job' The mother-of-two believes that teaching financial literacy starts at an early age. "An entrepreneur doesn't have to think they have to control from the grave"

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