How to Teach Kids Financial Responsibility

My Money (usnews.com) - These days, everyone pays with plastic. Carrying change is inconvenient, cash is easy to misplace, and using credit (and some debit) cards can earn rewards for purchases. Because people are noticeably less money-conscious when they don’t actually have to turn over dollar bills for their purchases, it’s essential to teach kids to use plastic wisely. With some coaching, you can help your child navigate the credit world and shield them from potential dangers along the way.

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