The purpose of this investigation was to describe the strategies and practices of economic socialization in a sample of 132 middle class families of Temuco, a city in Chile. The results show that there is an agreement among the families about the necessity to educate the children about the use of money, and that this is a responsibility that concerns the parents. A wide dispersion is observed among the practices that the parents claim to use to educate their children about the use of money. The practices which are rather intuitive, not very systematic and isolated, do not constitute strategies of socialization, and show inconsistency among the values expressed by the parents and the practices used by them. The parents' experience of an early socialization in their origin families rebounds in the education of their children, consequently leading to the presence of an intergenerational influence in the process of economic socialization.
family; economic socialization; economic literacy; socialization strategies; consumption practices
