Only 16.4 percent of U.S. high school students are required to take a personal finance course. It's up to you as a parent to teach your children financial basics. Here are 5 steps to get you started on the right foot.
Building wealth is a process that takes many years and requires many points of optimization: budgeting, so you have money to invest, portfolio design, so you don't panic at the wrong time, and tax planning so that all of that hard work doesn't go unnecessarily into the hands of others.