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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, it's important to me are aware of economic realities so that:

1) They don't come off as clueless pricks. I've heard middle school kids say things like, "You've never been to Hawaii/Disneyworld/the Bahamas?" "Can your nanny take us?" "Your mom won't let you buy a new dress? OMG!"

2) They don't call themselves "middle class" when statistically, we are not. Our HHI is well above the median. We choose to own a Honda minivan instead of a Mercedes SUV and we own a house without a swimming pool--but that does not make us "middle class."

3) They are grateful for what they have. Gratitude is key to contentment.

4) They don't make fun of people, even unintentionally, who have less money, work blue collar jobs, or don't have the knowledge that comes with privileged travel and experiences.

5) They have resilience. They are calm when something doesn't go their way because they realize that things usually go their way in their privileged bubble.

6) They have common sense. I don't want them to be taking Ubers around NYC and Boston because they won't navigate the subway or T. I don't want them to be wearing $800 Moncler coats that they'll forget at a friend's house, or worse, get stolen at gunpoint. [/quote]

We live in the burbs and I was very unnerved by this area and how down right rich everyone is when we first moved here.  The above is what I try to do, no poverty tours, and I tell my kids no, make them work and encourage them to save for things that they want. My MS son has too many private school friends with credit cards and Uber accounts and who want what they want, when they want it and no one is telling them no or making them wait. [/quote]

It’s your bubble. You only see the rich. Your child only sees the rich. 
[/quote]

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