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Father’s Day is Sunday, and it has me thinking about how I owe so much in my life to my dad. I could devote a whole post about that, but instead, I will just stick with saying I am thankful that he has passed down many important money lessons to me throughout my life.
Here is some of the financial wisdom I have gleaned from my dad:
Did your dad or other father figure pass along any lasting money lessons to you? Read on for more great money lessons below in some of my favorite personal finance blog posts from the past week, several of which talk about passing money lessons on to kids.
1. Len Penzo lists nine money lessons that he thinks all dads should be sure to pass down to their children.
2. Bargaineering adds additional advice on teaching money management to kids, including making sure that you aren’t overburdening them with too much information.
3. Credit, Eh? reveals 10 financial lessons that all kids will greatly benefit from learning.
4. Money Smart Life weighs when it’s wisest to pay off debt and when it’s time to invest instead.
5. The average credit card debt in America is not pretty. Deliver Away Debt explains how you can avoid being average with your credit card debt.
6. Couple Money offers advice on how to handle marrying into debt that your spouse carries and whether you should combine finances or keep them separate.
7. High gas prices are still enough to make us all want to whip out our credit cards. Retire by 40 explains the benefits of sharing a car with your spouse and how much he and his wife saved by making this lifestyle change.
8. As a bit of an exercise nut, I was intrigued by a post on Studenomics about five ways your fitness habits can affect your finances.
9. In light of a recent data breach from Citi, Free From Broke discusses the steps you can take to protect yourself from being a victim in these types of situations.