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Reply to "How to have truthful age appropriate kid conversations about wealth"
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[quote=Anonymous]I would tell them. I would have a serious conversation about how this is confidential information. But they are trying to understand the world. Understanding how much people make, how hard they work, how their family has supported them etc. is all part of building that understanding. Its also a good time to have a conversation about expectations and what kind of support you will be proving them as they become adults. If you're willing to pay for school and then expect them to pay for their own lifestyle then say that. If you imagine providing financial support through their adult years then say that. They may be considering what kind of jobs they want and this will be good information that will impact the trajectory of their lives. [/quote]
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