Kids and Money

• My kids have known about our finances since they were little so that they could understood why we couldn't do some things. My 18 year-old son has worked since he was 15. He has his own car, keeps up the maintenance and helps pay the insurance on it. He has learned how to handle his own money.
- CCMom41 (AOL)

• I think teens should be involved in family finances. My parents never told me anything, except that they were worried about money all the time. Because they sheltered me from it, I had no idea how much something was worth, how to spend my money or how to save it.
- LisaJane44 (AOL)

• My kids were such whiners about what they couldn't have! We finally sat down and showed them just where all of Dad's paycheck is going. I swear they thought we where hoarding millions somewhere. It made things a little better. They turn off the lights a little more and they think twice about making long distance calls. When they're old enough to understand, I think it's okay to show them where the money goes.
- Unamommer

Whether you choose to include your children in discussions of the family budget or not, it's important to teach them that money really doesn't grow on trees!

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