"Do not educate your child to be rich. Educate him to be happy, so that when he grows up he knows the value of things not the price." -- Unknown
How To Raise Kid's Who Aren't Spoiled
"All parents want their kids to have the skills they need to thrive in the world. But, while most parents feel comfortable talking about the importance of safety, health, schoolwork, and relationships, when it comes to the importance of money, many fall silent. In fact, most parents feel more comfortable talking about sex with their kids than about how much money they make.
Perhaps that’s because money can bring up extremely strong emotions. How much we have or don’t have, and how our income compares to that of others, can be a source of shame—whether we perceive ourselves as having too much or too little. Parents often find themselves fighting over finances, leaving the impression on kids that money causes conflict. Nobody is dispassionate about money, and parents are certainly not calm and rational about their kids, either. This potent mix often makes it hard for parents to talk openly and honestly with their children." [read more]
Perhaps that’s because money can bring up extremely strong emotions. How much we have or don’t have, and how our income compares to that of others, can be a source of shame—whether we perceive ourselves as having too much or too little. Parents often find themselves fighting over finances, leaving the impression on kids that money causes conflict. Nobody is dispassionate about money, and parents are certainly not calm and rational about their kids, either. This potent mix often makes it hard for parents to talk openly and honestly with their children." [read more]
Reading Corner
Title: Lily Learns About Wants and Needs
By: Lisa Bullard
Ages: 4-8
Lily wants a new bike. And a new raincoat. And ice cream. But how many of these things does she need? As Lily and her dad drive around town, Lily discovers that wants and needs are different things. Soon she can tell them apart. She picks out which things people have to have. She might even remind her dad that he doesn't need root beer! -Publishers
By: Lisa Bullard
Ages: 4-8
Lily wants a new bike. And a new raincoat. And ice cream. But how many of these things does she need? As Lily and her dad drive around town, Lily discovers that wants and needs are different things. Soon she can tell them apart. She picks out which things people have to have. She might even remind her dad that he doesn't need root beer! -Publishers
Recommended by Cubs Editors
Be the Change
Talking about wants and needs can be an interesting space to start a conversation around money. Since children imitate best, asking that same question as a parent can help a child understand it better. Modeling daily activities around wants and needs can help a child register it better. For eg. when you're out grocery shopping, take your child with you and see that conversation shift. Birthday's are a great excuse to practice these edges as well.
