How to Raise Financially Responsible Children
There are many different ways to approach money with kids. Some people say having children earn money is good while others may suggest that it creates the wrong incentive. Beyond that, how advanced should you teach your kids budgeting, saving, or spending? At what age do they need a debit card or even know how they work?
With so much information out there, how can you know you’re raising financially responsible children? Today we are talking with Joyce Marter, the founder of the counseling practice Urban Balance and author of the book “The Financial Mindset Mix.”