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Kiplinger
Kiplinger
Business
Bill Schultheis

Does Your Teen Think Money Grows on Trees? 4 Ways to Gently Set Them Straight as College Starts

Money appearing to grow on a tree.

My parents were born during the Great Depression and understood money down to the penny.

I still have their passbook savings accounts — small booklets filled with handwritten deposits and withdrawals that documented the flow of money through their lives. Every entry is a reminder of a time when financial stewardship was a necessity.

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