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Elementary School-Aged Kids
Reply to "DD says she wants a nicer house "
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[quote=Anonymous]I would give a little economics lesson since she is missing several factors about "nice" and "affordable." She should know that all that glitters is not gold; that vintage things tend to have greater value than newer cheaply made items; that many factors go into decisions about want is personally valuable; that many factors go into pricing a home that have little to do with what it looks like, etc. You do not need to discuss your personal income or net worth, and you should teach your child not to as well. But a basic understanding is important because when your child doesn't get it, they may make comments or complaints that make them look like a clueless rich kid.[/quote]
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