FAMILY FINANACE: How to Teach Your Child the Difference Between Needs and Wants

Episode 2: The Art of Self-control, By Dr. Mayowa Olusoji, The Money Smart Coach

Last week, we established that money is a tool. But owning a hammer does not make you a master builder. You have to know how to use it and, more critically, when not to swing it. This week, we tackle the most fundamental and most violated rule in personal finance: the difference between a Need and a Want.

 

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