10 Steps to Teaching Your Kids to Become Entrepreneurs

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Financial literacy is a must

This is one area that we all could use help with. Teaching children about money at an early age will instill a financial foundation that schools often fail to teach.

How to teach: Give your children the opportunity to earn their own money through chores, their own small business, and helping you in your business. Teach them about paying themselves first and then giving back. Educate them about investing and how their money could be used to create more money in the future. Help them set up a bank account and learn about how to budget their income.