If you’re planning to pass wealth down to your children or grandchildren, don’t wait until it’s time to draft the will. Financial literacy, budgeting skills and a healthy mindset around money are critical tools that should be taught early.
Here are seven important financial lessons, according to financial and estate planning experts, to teach your kids if you want to leave legacy wealth.
One of the leaders questioned is Balefire’s own Jason Hester, interviewed on teaching kids the basics of budgetign and saving.