[originaltext] How do American parents teach their children about money? Man

How do American parents teach their children about money? Many parents said they give their children small amounts of money each week called allowances.(1)Some parents ask their children to do work around the house to earn the money. Having this small income helps children learn about the cost of goods and the value of money. It also helps them learn what it is like to have a job and earn money for doing it well. Many parents give their smaller children "piggy banks". Children collect their coins in these containers and learn about saving money. Suze Orman is a well-known American financial expert. She gives advice about money on television and in her articles and books. She suggests that parents set clear limits with their children when shopping. And parents should explain where their money comes from to show children the value of working in earning money.(2)It is also important for parents to show their children how they pay for living expenses such as energy, telephone and water each month. This will help the child understand what it costs to live.
    And, she suggests teaching young adults about credit cards and the dangers of owing too much money. Christy Levings has taught elementary school children in Kansas for over thirty years. Her money lessons include helping her students create imaginary businesses. She gives the children an amount of money for wages. She helps them imagine what it would be like to run a business and plan a budget.(3)She also advises her students to have good habits like counting their change when make a purchase.