their remaining funds from their allowance
and chores helps them develop planning
skills and avoid the dangerous money habit
of “earning and burning.”
PARENT CAN TEACH THEIR KIDS AFTER
THE BASICS IS HOW TO WORK,
EARN AND MANAGE MONEY.

DEMYSTIFYING MONEY
A common mistake to avoid is just not
talking about these things enough. For kids
to make confident financial decisions, par-
ents need to demystify money.

Explain how much things cost, and even
let your kids participate in the exchange.

EP Federal Credit Union recommends
letting children hand the money to the
cashier, then collect and count the change.

By showing children how money is con-
nected to everyday life, it becomes less
mysterious and scary. That also means
explaining credit and debit cards—as
Currie learned earlier when she shared
about shopping with her girls.

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Please call 301-770-4370 to register!
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THE MOST IMPORTANT THING THAT A