Forbes – Michele Lerner
“Gail Winslow, a financial advisor with RBC Wealth Management in Washington, D.C. and mother of six (and grandmother of six more), says she gave her kids an allowance when they were eight years old, and immediately began teaching them the basics of managing money…Think that’s young? Darla Kashian, a financial advisor and first vice president with RBC Wealth Management in Minneapolis, says that kids as young as three-years-old understand that you exchange money to buy things…“It’s so important to teach kids about saving for the future and to express your family values,” says Kashian…Winslow and Kashian have a wealth of information to impart to their kids, but here are three lessons they agree are essential.”(more)