The biggest money mistake parents can make is not talking about it with their kids, says Karyn Hodgens, a mother, co-founder of Kidnexions, a website for children’s personal finance in Rocklin, Calif., and author of “Raised for Richness: Teaching Kids Money Skills for Life.” “It’s one of the most important things to teach our kids, so that they can become self-sufficient, responsible, and productive later on.” Parents don’t have to be financial experts to teach the basics: the importance of saving, budgeting and goal setting. Nor should parents ever forget that their actions, regarding money and everything else, serve as constant examples for their offspring.