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Happy family by water

When teaching your teens how to be more frugal, you can't take something away without providing an alternative, says Oprah Radio host Rabbi Shmuley Boteach. "If you plan to cut back on things, help your kids fill their lives with things that are better," he says. "Work hard to give kids fun and interesting activities that the whole family can do together." Rabbi Shmuley shares advice and suggests activities that will help your teens save money.

Photo: © 2008 Jupiterimages Corporation
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