As parents, we try to protect our kids from getting hurt or scared.  But sometimes protecting them too much can hurt in the long run.  This week, journalist Daniel Bortz from US News & World Report, asked me to weigh in on this topic.  From my perspective, not telling our kids at least some of what’s going on could scare them even more.  As parents, we may do more damage if our children “stumble” onto what’s going on, possibly by overhearing a conversation.  And making sure both parents are on the same page is key. 

Here’s the article: “How Parents Should Talk to Their Kids About Family Finances: Do you know when to keep your lips sealed?”

Have you faced this situation in your own family?  How did you handle it? 

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Written by Susan Beacham
Susan Beacham founded Money Savvy Generation in 1999 after almost two decades in private banking and investment management complemented by considerable time teaching at the elementary level.

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