x

Things about money you should never say to your kids

It is important you teach your kids about money. However, there are certain things about money you shouldn’t utter to your kids.

So, here are things about money you shouldn’t say to your kids:

1. I don’t know how I am going to pay the bills this month

Parents need to teach their kids the repercussion of making money mistakes

When you are faced with financial issues and inability to pay bills, always resist the urge to tell your kids about it.

According to Dr Brad Klontz, a clinical psychologist and author of the book Mind Over Money, telling them things like this is considered to be  too much financial information.

He said, “We can’t involve them in things they’re powerless to do anything about. Laying that load on a child makes her anxious”.

2. It’s none of your business how much money I make

Teach your children to know that money is finite and that any money spent on an item won’t be available to buy another item.

Kids are very curious and they always have the urge to ask questions.

When your curious child asks you how much you make, it is important you tell him/her something positive rather than saying it is none of your business.

It is understandable if you don’t trust your kids to keep that information private, but it is important you tell them something to satisfy their curiosity.  Don’t ignore or rebuke them for being curious.

3. I work so you can go to school

Teaching kids financial literacy should start with their ability to differentiate between needs and wants

When your kids offend or make a fuss about something, don’t rebuke them by telling them how hard or how much you work to send them to school or buy their needs.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Prof Rufa’i Ahmed Alkali Calls on Tinubu Visit Kolmani Oil Field

By Mike Odiakose A Chieftain of the ruling All Progressives...

JUST IN: Liverpool’s Diogo Jota Reportedly Killed in Car Crash in Spain

Liverpool forward Diogo Jota has reportedly died in a...

INEC Issues Supplementary Guidelines for Election Result Review

The Independent National Electoral Commission (INEC) has released new...

BREAKING: Super Eagles Icon Peter Rufai Dies at 61

The Super Eagles have mourned the passing of former...
spot_img

Related Articles

Popular Categories

spot_imgspot_img