Quote From: kaysquareHow do you talk to your kids about money???? You start by telling them the definition of the word "NO". It's not rocket science. You might actually have to tell them the difference between "wants" and "needs". You might also take them to a homeless shelter where real kids sometimes have to live without credit cards, designer jeans, cell phones, hot cars, manicures, pedicures, tanning beds, hair extensions, makeup, etc. You also sit them down & show them how much money is coming in each month, & how much goes out, & explain the areas of spending that simply have to stop. It's really pretty simple.
You have hit the nail on the head. I raised five kids who were very spoiled when it came to sports, costumes, dance, cheerleading, traveling for those interests, and such. I was quite well off. BUT - they understood about values. They knew how much things cost and they had to earn most things with work, helping out on jobs (I owned a construction company) and when it was time to work, no excuses were allowed. They have all become productive adults. The three oldest ones own their own homes and when things get tough (jobs have been lost recently) they didn't moan and groan and ask for help, they got busy and took care of themselves. My youngest one moved to California at 14 to live with his older brother. He has been self-sufficient since he was seventeen. He figured out how to get scholarships and help to go to college. My next one (just turned 21) has gone to college and beauty school and owns her own car. She and her older sister (24 -married, two kids, another on the way and a bachelor's degree in biology she paid for herself) just went into business together. They will all be fine because they learned when they were young that money isn't free. It doesn't grow on trees. Someone has to earn it.
This girl on the show is waaaaaay too grownup. She acts like she has been trained to behave a certain way. She will be pregnant and uneducated within a couple of years 'cause she thinks mom and dad can get her out of any trouble she gets in. I feel sorry for her. As an adult, she's going to have a tough row to hoe. Dad - get some ..... and stand up to your wife.
