Hongbao smarts: Parents can use Chinese New Year to teach their kids about money

Entrepreneur and investor Adam Khoo with (from left) his younger daughter Samantha, wife Sally Khoo and elder daughter Kelly. ST PHOTO: CHONG JUN LIANG
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SINGAPORE – How much red packet money do your kids usually collect over the 15 days of Chinese New Year?

With the festive season’s hongbao-giving tradition, children can enjoy a significant windfall in the hundreds or even thousands.

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