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boomers is notorious for accumulating more debt than wealth. Many boomers live paycheck to paycheck, save little or nothing, and worry about retirement. These hard lessons should not go to waste; children must be taught how to wisely manage money.
We send our children to school and college partially to equip them with skills that will command a lifetime of decent income. But no matter the size of their future paychecks, what they do with them will dramatically affect their lives — for better or worse.
Bob Scherer, of Ashburn, is a volunteer for Junior Achievement and a freelance writer.
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