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What Do You Tell Your Kids About The Economy?

money-management.jpg“What do you tell your kids about the economy?” an article by Ann Dahl, may be required reading for parents. It appears on the Educational Employees Credit Union site today and features advice from Rick.

The article addresses the importance of being factual with kids and speaking at their maturity levels—”which aren’t always the same as their age levels,” Rick points out. “Obviously you’ll tell a teenager more than a four year old, but that’s why you start by asking questions, so you can build on what they already know.”

The worst thing parents can do is not talk about what’s going on.Teenagers will generally appreciate more details. “I might tell them there’d been company-wide lay-offs, that jobless numbers were going up in the community, and that I was concerned,” Kahler says.

Read the whole article here.

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