When it comes to teaching children financial responsibility, six simple rules can help to ensure success:The sooner the better when teaching children about money. Instill an instinctive conservatism in regards to spending by teaching your children how money works. Plant seeds early to bear fruit later. Use allowance as a teaching tool. Give bigger responsibilities to teenagers and college students. Educate about investing at an early age.Using Allowance as a Teaching … [Read more...]