The headlines about our children’s financial future can at times be very sobering. Enormous debt is being hoisted onto the backs of our kids and their kids.
I hate to be harsh, but the reality is life is not and never will be fair. Our children’s world is now going to be very different from ours. It will require them to live more frugally, delay more gratification and have much less as an adult than we, their parents, had. And it is our job to prepare them, to make sure they are prepared to deal with and thrive in this new world order. Now, while they are still under our roof.