An important and often overlooked piece to a child's financial literacy is helping kids to create cash flow. Kids need a steady income to understand how to manage their money, this could be accomplished through an allowance or a part time job.
It is also important that kids learn how to make money independent from parents and employers, so that they will know how to create wealth and they will have strategies for making money later in life. Cash flow can also come from investments and it important to teach kids how money can make more money.
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