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The Complete Idiot's Guide to Getting Out of Debt by Ken Clark

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Chapter 25
Passing Along Good Money Skills

In This Chapter

◆ hey’re not your kids’ debts …
◆ hy attitudes toward money are contagious
◆ hat lessons are you teaching?
◆ elping your kids use credit wisely
 
For my money (no pun intended), perhaps the greatest quote ever uttered comes from a writer named George Santayana. A citizen of Spain, Santayana lived through watching Europe endure not just one world war, but two. His thoughts on the matter: “Those who do not learn from history are bound to repeat it.”
There are so many reasons why your kids (if you have them) need to learn from your mistakes and missteps with debt management. It may be one of the greatest favors you’ll ever do for them, even more than paying for college, helping them buy that ...

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