How to talk to your children about money?
October 27, 2008 1:14am CST
Is the credit crunch dominating family conversation arount the dinner table in your house? If not, then you should consider yourself unusual, according to a new opinion poll, commissioned to publicise a new $11.5 million financial education programme in schools. Seventy per cent of parents say money is a more regular topic of conversation at home at he moment than it was 12 months ago. And it seems that this increase in cash conversations' at home is pushing parents out of their comfort zone. More than three-quarters of the 1,000 parents questioned(77 percent)admit that they would normally try to aoid exposing their children to money concerns.while almost a third of parents(30 percent)said they regularly dodge the topic of money at home. A quarter of these said this is because childhood should be a carefree time and they don't want to burden kids with thinking about money. Isn't that a little irresponsible?