Dive Deeper When Your Kids Ask for Money to Help Them Learn

When your children start asking about your family’s financial situation, take a moment to find out why they want to know. You will be able to give them an answer that teaches them personal finance and truly understands the reasons for their questions.

By answering their questions with the words “Why are you asking” or “Why do you want to know,” you will get more information about what exactly they would like to know and what triggered the question. – This information can help you answer them in a more useful way and teach them a thing or two about finance as they asked the questions. It can be difficult to answer your kids’ questions about money, but transparency can help them learn to be financially responsible.

How to raise financially literate and grateful children | Fatherly

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