It is important for us to not only teach our kids about the importance and value of money, but also "what to do" with it. Some of my personal preferences on teaching my 5 year old son "what to do" with money is: giving to charity, investing and saving.
Below I have uploaded an interview with finance guru David Bach and have included a link to a few of his books. This video gives us an idea of how to show our youngsters what to do with their money once they have earned it.
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