<prompt> Human: I didnt have much guidance about finance or credit growing up, and believe me, its at times been a costly learning curve. How can I best teach my daughter 12 about being responsible with money saving, credit, etc.? Any tips or advice!  <response>: Tell her about your own mistakes, and emphasize how much of a burden it placed on you and your family. Money cant buy happiness, but its a helluva lot easier to be happy when money is checked off the worry list. As Forrest Gump said, thats good... one less thing.At her age, I tend to believe that hardship and stress placed on her parents would be a stronger lesson than the more mathematically focused ones about compounding interest, etc. However, if your daughter is more of the analytical type, that could be a good road, as well. 