Share Your Finanical Crisis With Children !!

Hi Brinda
A nice topic i too agree that the kids should know the financial situation of the family whatever it is. They should learn the value of money, how to handle it, with what difficulties we earn this and how to spend it has to be thought by the parents. We should allow them to work during holidays and make them earn they own pocket money too sometimes this will teach them to value the money. As this will be they hard earned money they will know how to spend it.

Originally Posted by Arunarc

Hi Brinda
A nice topic i too agree that the kids should know the financial situation of the family whatever it is. They should learn the value of money, how to handle it, with what difficulties we earn this and how to spend it has to be thought by the parents. We should allow them to work during holidays and make them earn they own pocket money too sometimes this will teach them to value the money. As this will be they hard earned money they will know how to spend it.

Dear Aruna Jii...
Im terribly sorry for the late reply.... Thankyou very much for sharing your valuable thought with us....As you have said the value of each penny should be known to children.. its the parents responsibility too... I stirctly want to follow this in future... :)

Love
Brindha

Hi Brinda,

In this case the father needs to be blamed. Not even the mother cos her mother might have been warned by her father not to disclose the financial issues to their daughter. The children should be aware of the financial position at home once they reach a certain age. If the parents feel that this is the age for their children to be aware of the financial situation at home, they should share it with their children and make them aware. Children learn from the elders. Only if the parents are open and frank will the children follow the same attitude with their parents. Its good in many ways.

Originally Posted by mjsaroj

Yes each and everyone must discuss with their childrens , and also make him to know the value of money and ask them to save the money in a playway method,But don't make them as a money minded.

Dear mjsaroj...
thanx for sharing your thoughts with us....As you have stated the children should know the value of money and also about the family finance at the appropriate ages...

love
Brindha..

Originally Posted by sharadha

Hi Brinda,

In this case the father needs to be blamed. Not even the mother cos her mother might have been warned by her father not to disclose the financial issues to their daughter. The children should be aware of the financial position at home once they reach a certain age. If the parents feel that this is the age for their children to be aware of the financial situation at home, they should share it with their children and make them aware. Children learn from the elders. Only if the parents are open and frank will the children follow the same attitude with their parents. Its good in many ways.

Dear Sharada ....
Thanx for reading this and giving your feedback .. its good that the children have to know about the family finance.. the parents should decide the right way in conveying then the state of FF...

Love
Brindha