Topic : 08/12 How to Talk to Your Kids about Money

About Doctor How Kids Money Phil/Robin Talk To. Money is everywhere when you are going shopping.------

See you on March Wednesday 25th, 2009. Sincerley Your. Russell Vlaanderen.-------------------------------------

About Doctor How Kids Money Mom Oct Part Phil Talk Three To Uplets. Just in cast your staff change you--

r program. Money is money and kids will be kids as for Nayda Suleman I think that Nayda Suleman has----

gone too far. See you on Friday March 27th, 2009. Sincerley Your. Russell Vlaanderen.---------------------------

How about having the parents buy  a sewing machine for the daughter. Not too fancy. And Require her to make ALL her clothes from now on. So she has to work and understand a lot more. If she breaks it, then force her to work and pay for it.

My daddy died when I was 8. And mom did not get much money. So if I needed/wanted anything I had to go out and earn it. Started selling items door to door. Later cutting lawns and baby sitting were included.

Using visuals with younger kids is great.  The grocery bags vs Ipod seemed to make an impact on the children in your show.  I may do that one with our kids.   Another visual for kids in this day and age is have them go to the bank with you.  I bet everyone remembers going to the bank with their parents and getting a lollipop.  Trips like this can spark useful conversations about money.  What is a deposit?  How does the ATM system work?  With all the electronic banking options fewer and fewer children go to the bank.  It takes a concerted effort by parents.  Great show...learned a few tips. 

I have three young children, aged 6 and younger.  I don't know what it may be like with having a teenager yet.  Maybe it will get harder as they get older.  But for now?  It is the easiest thing for me to tell them no.  Of course, they want every toy they see and we all know that's impractical.  We all say no to the young'uns.  But even with saying "Hey, we want McDonald's tonight,"  we still have to say no sometimes.  Even though they are so young, I still have a very simple explanation.  We can't afford to spend the money right now.  Daddy works and gets paid to work.  He only gets so much.  Right now we have to pay the phone bill and the light bill and we can't spend $30 on fast food tonight.  They may not fully understand all the ins and outs of it, but they accept it.  What we hope is that they continue to accept this as they grow. 

And feeling guilty for it helps no one.  I guess I just don't understand the mind frame of someone who would feel guilty for not spoiling their kids and so they DO spoil them.  Maybe that was one of the things I learned from my parents.  They did not teach me ONE THING about money growing up, but they sure did teach me that saying no is a part of life. 

If nothing else, I do hope these families learn that much.  Saying no is so easy.