“During tough economic times, children can develop fearful money scripts that may keep them from managing money successfully as adults,” is what Rick told Mercedes Cordona in an interview for Parentdish.com.
He suggests a couple begin by getting a grip on their own financial panic before dumping on the kids. That is easier said than done, as kids can tell when Mom and Dad are anxious and fighting about money easily. Hiding it only makes things worse.
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