At the age they are at Tim, I say focus more on the fun than the rules. Make your time with them enjoyable and take advantage of the opportunities that WILL arise for teaching and discipline when they come up, don't make it your M.O. Think about all the things you have always wanted to do with your girls, and start spending all your time with them doing it.
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You know something bad is going to happen when you hear..."Hey, hold my beer and watch this"