Ownership is the essence of a simple family economy that is built around choosing and earning. Financial and Material ownership is the prerequisite and the fundamental key to responsibility. And giving kids ownership via money of their things, of their savings, and of their ability to give can be the fore-runner of giving them ownership of their goals, of their education, and of their lives.
The ownership of money is the lead in and the mechanism by which children buy and feel ownership of clothes and personal effects and all the things that are the subject of the next chapter.
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