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Old 02-17-2007, 01:27 PM
PrincessPerky PrincessPerky is offline
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Default Re: Kid's Personal Finance Skills Come From Parents

B.

If they are old enough for odd math....though I think sharing with kids should wait till they are past the phase of telling daddy what he got for christmas..three weeks early.

If they are not old enough to keep the number secret (should they happen to remember it anyway) then you prolly need to talk math as if you make 100$ or 1000 a month ...if you know what percent you pay for stuff the math is easy enough for a young kid, if not guess, it wont hurt so long as they know it is an example.

Now why I feel honesty is the best policy? because I don't want my kid staring at their savings account thinking "wow" that is a ton of money, I want them to see it as 'a months rent or a months pay, or a cheap car, whatever..if they spend their whole life with nice rounded easy math the real world hits hard...and why wouldn't I let them know about my budget? I am proud of it.
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