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Financial illiteracy is a big problem in society today. Most people become adults without ever learning how to balance a checkbook, handle credit cards, or the basics of purchasing a house. Teach your children to be good money managers and to be comfortable discussing financial matters.
– Rick Rodgers, a certified financial planner and president of Rodgers & Associates in Lancaster, Pa., is author of “The New Three-Legged Stool: A tax efficient approach to retirement.”
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