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Parents should teach financial literacy to children early by using practical methods like paying interest on savings and encouraging them to earn their own money.
“we give our kids 1% interest at the end of every month for their savings. So, like my 10-year-old, he's got 600 saved. So, he gets 1% of that, $6 at the end of every month.”
ChooseFI · Dec 2025 · 1 episode · 1K views on this topicExtracted by a model; may misattribute who said what.