There are many ways to teach your children good money sense. You can fall back on stories of how you used to earn, save and spend money all those years ago. You can fill their heads with lessons on how important it is to be careful and wise with their money. However, the bottom line is that experience is the best teacher. The key is to have your children learn by doing.
This piece, courtesy of our friends at MFS, explores nine very practical ways that we as parents can wisely teach our kids about money. We hope you enjoy it, and please feel free to share other tips you have found to be successful!