Money Magazine’s November issue features a great article with ideas to help parents respond to the question from our kids that many of us fear: “Are we rich?” I was asked for some tips for this piece, so here are a couple ideas to help guide your response to younger children:
• Being “rich” is about feeling grateful, healthy and happy, not just owning things.
• Reaffirm that if your family is struggling financially, that it’s not their fault.
Here’s the full article: What to Say When Your Kid Asks, “Are We Rich, Mommy?” – Money Magazine
Have you already faced this question from your kids? If so, what worked? What did not?