Our Thoughts

Why You Should Tell Your Kids How Much You Make

As parents I think we all struggle with the best way to teach our children about the value of money. Were family finances open for discussion when you were a child? We each had difference experiences and each will address the issue with our own children in unique ways. The dad in this article put $10,000 cash on the table in front of his teenagers…all in one dollar bills. I bet he got their attention! The author of this article makes the point that “financial transparency comes with readiness,” but “shielding children from the realities of everyday financial life makes little sense.” Read more here.