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For instance, allow them to observe you discuss an upcoming plan to purchase a new house and any budget talks that accompany that decision. Let them participate in ways to help save or cut costs when your family needs to do so. With age appropriate explanations, help them understand how much things cost and where the money to pay for them comes from. Also set up an allowance system with your kids. Give them opportunities to earn their allowance through completion of tasks or chores, rather than just giving them money.

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