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This research explored aspects of the widely held assumption that specific money education practices of parents affect children's knowledge and use of money. Recommendations on how to help children learn about money are made in current child development texts (13, 20), money management texts (6, 21), and bulletins prepared for mass distribution (2, 8, 14). Yet there is no research evidence to support these recommendations as recipes for money education. Research studies in this area of knowledge have been limited to surveys of parent practices and children's knowledge and use of money (4, 5, 12). For the older adolescent ages, there is one early attempt to find relations between experiences with money (9) and a study of relations between parent money education practices and scores of high school seniors on test of adjustment and self-reliance (I8). This project was originally given financial support as a survey study. It was changed early in the data collection phase into a study of relations
Marshall et al. (Wed,) studied this question.