Parents need to instill responsible financial behaviors in their children starting at a young age. As the father of three financially-independent daughters, Dan Danford, CFP® and Principal/CEO of Family Investment Center, shares his real-life experiences along with some helpful financial advice as you attempt to teach your children fiscal responsibility.
In this video, Danford addresses the question, "Growing up I had to learn the hard way how to handle finances. Having experienced those hardships, I want to help my children avoid as many of the painful lessons as possible. How would you suggest attempting to teach your children financial responsibility?"