Reply to How to have truthful age appropriate kid conversations about wealth

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[quote=Anonymous][quote=Anonymous]Do not share your exact numbers or even range of percentage with her. Look at some of the nasty comments here! Your dd goes to school with kids of people who loathe your status. She may unwittingly disclose a bit to the wrong kid and it will cause some animosity and jealous frenemy treatment. In high school the chances of a supportive peer group are slim.  I know you must be thinking of how important it is to teach her budgeting with an income and real life expenses but that is a luxury you don't get. Focus on more narrow aspects of your income streams with lower dollar amounts. You have a lot to work with, there is no need to disclose it all.[/quote]

This. Focus on life skills. Focus on work ethic.

I had a date tell me his Mom was worth 18 million. He also mentioned each kid was worth several million. This was on our 3rd date. I was 23 or so at the time.  Even as a 23 year old I knew his disclosure was way inappropriate.

I'd talk to a professional therapist for a script on how to respond.

It is not age appropriate to disclose your net worth to a 9th grader.[/quote]

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