Fresh approach to teaching money skills focuses on entrepreneurship and real-world value creation Key Points: The age-old debate continues: should parents pay their kids for doing chores? While families may see the approach as a natural way to teach children about earning money, one financial expert argues this approach might actually be doing more harm than good. “Paying kids for basic household tasks can create a transactional mindset that doesn’t serve them well in the long run,” explains Fred Harrington, a financial expert with Vetted Prop Traders, a platform that helps traders navigate proprietary trading firms. “When we tie money to chores, we’re essentially teaching them that they should only…