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Money is a foundational part of our lives. But it’s also a subject many children are expected to understand intuitively just by watching their parents when they’re young. The result is that many children don’t learn about more complex financial concepts until they’re teenagers or young adults.
Seasoned investors know that having more time is a huge benefit. It’s, therefore, essential to teach your kids earlier than later about important personal finance concepts that will earn them extra wealth in the long run.