Teaching financial literacy. Allowance isn’t for chores. Give your kids a good allowance if you can manage it. And give them the space to make some mistakes.
As parents, one of our greatest resources is a good book. My husband and I used to say that having kids is getting new roommates every 6 months to a year. Children may need entirely new wardrobes and shoes every few months, and about every 6 months to a year or so when you are …