10 Ways to Help Your Kids Develop a Healthy Emotional Relationship with Money

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Carmen Wong Ulrich on Sep 18, 2010 at 10:30AM

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10 Ways to Help Your Kids Develop a Healthy Emotional Relationship with Money

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Turn Envy into Gratitude

Your daughter comes home wanting the same phone her friends have. Your eyes narrow as you see your neighbor pull up in her shiny new sedan. How do they afford those annual vacations? Turn an envious sentiment on its head: for every one thing you want that someone else has, make a family pledge to note three things you’re thankful for. You’ll find—and teach—that gratitude makes envy lose its luster.

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