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7 Practical Tips for Raising Money Smart Kids

Doh! Cracked smart phone. Can you say "emergency fund?"

What are my favorite practical tips for raising money savvy kids? Personal finance writer Karen Cordaway asked me that very question earlier this month. She was putting together a family finance piece for U.S. News that just came out today (4 Fun Ways to Teach Your Kids About Money). It features two of my seven favorites: budget-based allowances and parent-financed loans.

Here’s the full list: