Be honest with children about family finances from "summary" of The Opposite of Spoiled by Ron Lieber
It's crucial to be upfront with your kids about money matters, even if it feels uncomfortable. Children are naturally curious, and they pick up on more than we give them credit for. By being open and honest about your family's financial situation, you can help them develop a healthy understanding of money from an early age. When we shield our children from the realities of our financial situation, we miss out on valuable teachable moments. By having age-appropriate conversations about money, we can impart important lessons about budgeting, saving, and responsible spending. This open dialogue can also help foster a sense of trust and transparency within the family. It's important to rememb...
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