Finances

Family Finances: How to Talk to Your Kids About Money

Money can be a complicated and awkward topic to discuss in any setting and even more so when confronted head-on by a child’s big eyes and blunt questions. Caught unawares, such questions can be especially tough to answer in a way that is concise, truthful and educational. Addressing the complexities of handling kids’ questions about money, Ron Brien of the New York Times recently wrote an article on how to answer five of the toughest inquiries about family finances. These include questions about the family income, whether you are “rich,” why you do or do not own a second home and even why the family is cutting back.


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