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FIRE parents are teaching their children about investing, saving, and being their own boss — even before hitting double ...
People who use the phrase “I deserve to buy what I want” reveal that their parents never taught them the value of money, or how to separate their sense of self worth from their spending habits.
Dr. Chase Samsel of Boston Children's Hospital discusses how parents can manage financial stress and what to share with kids without overwhelming them.
As parents grow older and their children do, too ... If your parents give you money to offset their expenses, that money is not taxable to you, according to the IRS. Can you claim medical costs ...
As a general rule, you should set aside money for your own retirement and emergency fund first, McClanahan said. She also suggests parents set parameters to help ensure children are using the mon ...
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