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10 Ways to Help Your Kids Develop a Healthy Emotional Relationship with Money

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Carmen Wong Ulrich on Sep 18, 2010 at 10:30AM

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10 Ways to Help Your Kids Develop a Healthy Emotional Relationship with Money

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Transform from Laissez-Faire to Let-Me-Do

"Oh, darn. Mommy forgot to pay the storage bill again." Well, if Mommy doesn’t really care about it, why should her kids? There’s a line between overbearing and under-caring. Show them that you’re on top of your money, even if you feel that all you need is more of it. “Guess what, hon? I signed up for automated bill pay!” From coupon searches to refinancing your mortgage to lock in a lower rate, your day-to-day money encounters are opportunities to show your kids that the best way to be is aware and in charge.

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