10 Ways We Fail Our Kids Financially

Whether you like it or not, you will be a primary force in how your kids handle finances as adults.

In these increasingly difficult economic times, you probably wish your parents had spent more time teaching you about the personal-finance basics before having to learn them the hard way. If you aren't careful, you could be setting up your own kids for the same financial trouble. Here are some of the ways you may be financially failing your kids:

You assume your kids will learn personal finance at school: While it would be wonderful to be able to trust the school system to educate your kids in personal finance, that is not the case today. They didn't do it when you were a kid and things haven't changed since then. While there are 40 states that include personal finance to some extent in their educational guidelines, the reality is there are only seven states that require students to take a personal finance course in high school to graduate. ...