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This means its crucial for parents to begin taking steps to help their children achieve financial independence.
Below are some expert-recommended ways to help your Gen Z kids get there.
Also seehow to give the gift of financial literacy this holiday season.
Share books, apps to help them invest and track earnings, or explain the basics of credit scores.
Support Their Earning Journey
Frances also recommended requiring kids to generate their own money.
Balancingschool and workisnt a burden its a skill that builds confidence, independence and a serious sense of pride.
Instead, ask, Whats your plan?
Problem-solving isnt just a financial skill, Frances explained.
Its a life skill, and its imperative parents help foster it.
Life costs money, and thats okay, she said.
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