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How to talk to your kids about money during these uncertain times

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“Parents are the biggest influence on kids’ financial learning,” said an assistant professor of family life.

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Ann Carrns

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Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about these things and not fully understand what is going on or how it may affect the family’s finances. But if the children have questions, parents should be ready to talk, experts say.

“Parents are the biggest influence on kids’ financial learning,” said Dr Ashley LeBaron-Black, an assistant professor of family life at Brigham Young University.

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