How do you teach your children financial ...

How do you teach your children financial discipline?


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Hmmm, tough one.   I might pay the debt to stop the harrassment of the credit card companies aggravating me but, I would certainly make my daughter pay each and every dime back to me on a monthly basis until paid in full.  This I believe would teach her the responsibility of the use of a credit card.


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Live simply, love generously and  care deeply.

 

Hi,

     I would not pay the credit cards of my kids, otherwise they will be incurring debts because somone pays for the credit cards.  I will stress to the chldren that if they  borrow money, they will have to pay their own debts.


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