Give your kids a vacation budget

If you're traveling this holiday season, you've likely considered an appropriate spending limit for your family. Give your kids a budget for the trip. You're likely to buy them trinkets anyway, and by giving them a limit, you're not only teaching them good financial management skills, but you're setting limits up front so you're not negotiating at every souvenir stand. Plus, you're teaching your kids to make choices.
Tracy Cox/San Jose Mercury News/MCT
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