Be a Cash Coach

The lessons we learn as children have a lasting impact on our lives. So, do your kids a favor, and teach them about money. Children who learn what money is really about—for example, it doesn’t come out of a wall at the mall any time people want it to—will most likely be better able to manage their money as they grow older. And you’ll benefit as well, since good money managers will be less likely to live in your basement for the rest of their lives. The Financial Post tells you how to raise money-smart children.