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Kids Ain't Cheap
Kids Ain't Cheap
Lifestyle
Evan Morgan

INSANE: Should kids know how much their parents make | Vintage Vibes

Family
Talking openly about household income can help older children understand budgeting, saving, and the true cost of everyday life. Parents can tailor the details to a child’s age and maturity while keeping adult financial worries in perspective. (Pexels).

At some point, many kids ask a question that can make even financially open parents hesitate: “How much money do you make?”

You could answer with the exact number. You could dodge the question. Or you could use it as the beginning of a much more useful conversation about what a paycheck actually has to cover.

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