One of my daughters came to me in tears the other day – she had no idea how her cell phone bill had climbed to $300 for the month. She ranted and raved how stupid the phone company was until she talked to them. It seems that she misunderstood a key concept in the phone contract – downloads are not free! I sat her down and explained the contract to her in words that she could understand. My kid is an A student, but she is not always money smart. Is your family in the same boat – book smart kids, yet financially illiterate?

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