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Episode 3034:

Kalen Bruce breaks down the five ways money is earned, helping parents teach kids financial responsibility. Money comes from work, ideas, investments, generosity, and luck - each playing a role in shaping financial habits. By understanding these sources, children can develop a strong work ethic, creativity, and a sense of stewardship over their finances.

Read along with the original article(s) here: https://freedomsprout.com/where-money-comes-from/

Quotes to ponder:

"Before kids understand any other place money comes from, they need to know it comes from work."

"Ideas themselves don’t produce money, but kids need to know that ideas can definitely lead to money."

"Kids need to know where money comes from as early on as possible. Once they understand it’s something that is worked for and created, they can start to develop their own ideas for how they’ll acquire money."

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