Teaching kids about money: 7 valuable lessons for parents

Teaching kids about money is crucial for financial literacy. Parents should lead by example and teach the importance of non-material joys. Avoid mindless gifting and assigning a price tag to everyday tasks. Assert authority and establish boundaries. Teach about opportunity cost and fairness. Allow kids to make choices.

source https://timesofindia.indiatimes.com/business/financial-literacy/savings/teaching-kids-about-money-7-valuable-lessons-for-parents/articleshow/108071158.cms