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Reply to "Do you tell your kids exactly how much you make?"
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[quote=Anonymous]My kids are in elementary school and I mention how much things cost and say things are too expensive or aren't in our budget. They both have savings accounts and have savings goals and things they want to buy. As they get older, I don't think I'd tell them exactly how much we make. I'm not sure how that's relevant. The point is however much you make, you better be living within your means and planning for your future. So I agree the way to go is to give them practical life skills about what it means to have a budget, make good decisions, have saving habits, have a realistic idea what things cost, etc.[/quote]
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