"Some kids need more active help to stay organized and learn how to stay within a budget, while others need to be encouraged to practice spending in the real world."
"First, get them to understand and appreciate money with paper. Then, when you need to, you can switch to electronic methods."
"Kids might lose a $20 bill, splurge on something that breaks the next day... Those mistakes are critical teaching moments, so it's important parents don't micromanage their kids' spending."
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