As you can see, in the title I use the “F” word. Now, I want to point out that by using the “F” word, I’m not saying that you – as a parent deep in debt – are a failure. Yet talking to your kids might raise some concerns that you have about how they might perceive you – and the choices you have made. And that’s the tough road I’m going to talk about today. (more…)
Posts Tagged ‘Talking to your kids’
Kids Aren’t Stupid (Really)
That’s a heck of a title, eh? It does however, encapsulate the theme of today’s thoughts on talking to kids about the debt the family finds itself in. Just because you’re not talking about the debt issues you as a parent are struggling with does not mean that the kids don’t know – or sense something is terribly wrong. (more…)
Talking to your Kids
Recently, when I was talking to a client she expressed her concerns about her kids finding out how bad the household finances are. It’s not the first time I’ve heard clients express those concerns to me. And when parents are facing some real tough decisions, there are no easy answers I can provide. Yet when it comes to having to talk to kids about the debt problems that affect the household, isn’t it important to talk to them? In this series, I’ll be sharing much of my own observations in speaking with clients, in speaking with colleagues, and in some cases, in speaking with and learning from kids. (more…)
