Financial Literacy at home - Courtney Long

At home we taught the Dave Ramsey system.  Our girls were given chores at a young age.  At the end of the week when they got "paid" they would have 3 envelopes - (Save) (Give) (Spend).  They would divide their allowance into these envelopes.  This continued when they got older and had jobs, and has continued throughout their high school and college years.  My eldest and her husband have double digits K saved for buying a house one day.  My youngest paid cash for her cars and college.