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Elizabeth Donati, president of the Creative Wealth institute of Santa Barbara, California, has been a pioneer in the teaching of financial concepts to children for many years. Her latest book called The Ultimate Allowance helps parents and kids learn the best and most responsible ways to handle money from an early age. Donati also runs several Money Camps for kids and adults to empower them with financial knowledge. In this interview, she explains what you need to teach your kids about money and gives you the tools to do it.
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