10 Mom-tested Tips to Teach Kids About Money and Finance

A couple of weeks ago I was asked to speak on the topic of teaching your kids about money and finances. I love this subject and got really excited. I mean, I've been married to Cap'n Coupon for fifteen years. So I spent some time doing research and created a list of talking points. After my presentation, I looked back over my unused talking points and realized I was missing some stuff. So I asked the most intelligent and attractive women on the internet -- my readers -- what ideas they had. They did not disappoint. So here are their 10 mom-tested ideas on how to teach your kids about finances and money: - By Julie Miner

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  1. Talk about money openly with your kids
  2. Model good financial behavior
  3. Seize every teaching moment
  4. Make sure it's age appropriate
  5. Try and teach kids about relative value
  6. Find a system that works for you and be consistent
  7. There's an app for that
  8. Make your kids spend their own money
  9. Make them work for what they want
  10. Help them manage their money