A new survey on parents, kids and money found out 30% of parents admit they sometimes "borrow" money from their kid's piggy banks.
48% of parents bribe their kids with money to behave.
52% say it's more important to save for their kids' college than their own retirement.
44% said the best way to save for college is a savings account...only 34% knew about a 529 account, which is a college savings account that offers tax breaks.
And 7% of parents said the best way to save for college is a UBO-67 OR CS213 account...neither of which actually exists!
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