Only 14 states require teens to take personal finance courses in high school, according to the Council for Economic Education. It falls upon parents to teach children good financial habits before they reach the age of budgeting dilemmas, credit card offers and student loan snafus.

Research has shown that kids develop lifelong financial habits by modeling their parents’ example. Also, experts say taking conscious steps to be a good financial role model is the best way to equip your children for a fiscally sound future.… Read more ...