sorry kids there's no money

@TLChimes (4822)
United States
March 20, 2009 3:17pm CST
How would you explain to your kids about a job lay off? I'm talking the under 13 crowd because I think older then that would understand. Have you prepared your family in case? Do you keep it light and easy or serious? I keep all my kids informed but try to not make it the end of the world. When he heard today, I let the older kids (17 and 9) know right away. When they ask for something I explain that we have to be careful of our money so... How do you handle it?
1 person likes this
15 responses
@shell2784 (752)
• United States
21 Mar 09
I, fortunatly, am not there... and I'm so sorry to hear about your situation and everyone's situation for that matter... I know things are rough. This response is honestly of no use to you b/c I don't know where to start. My daughter is only 2 so I wouldn't have to say anything to her for the most part. All I can say is I wish you the best in luck, may you make the best of your situation and find what you need soon! You and your families will be in my prayers!
1 person likes this
@TLChimes (4822)
• United States
21 Mar 09
Thank you very much for your thoughts. If we all bond together I think we'll all be better off.
@TLChimes (4822)
• United States
22 Mar 09
You did... Thank you! My 9 year old has wanted to do a lemonaid stand for years and now I think she's old enough to pull it off. And I had already told them we were phasing out their toys a bit. So now instead of freecycle we'll hold a sale.... what's left we can freecycle. Thank you so much!
• United States
22 Mar 09
I agree! If you all bond together I think you will be better off! And you know what? I've been thinking a lot about this today for some reason... it bothered me that I couldn't help you out anymore... I don't know if you normally go out to eat a lot or go to arcades or amusement parks or whatever that you have to explain that they won't be able to do this year.... but I know when I was younger I LOVED organizing yard sales and such! Go hru your extra stuff and have the kiddos pick out toys and clothes and books and movies and such that they don't use anymore. Make it fun for them! Let them help collect money and such... and you can go thru your old things. The right priced stuff at a yard sale goes QUICK and puts extra cash in your pocket! PLUS there are ALL kinds of things you probably have around te house that make fun craft days! Paper plates and lunch bags and noodles and all those silly little things! Search online for fun ideas for the kids to do so they're not missing out! PLUS its GREAT family bonding time! ;o) I hope that gave some inspiration!
1 person likes this
• United States
20 Mar 09
I have actually been there it is rough especially with younger kids because they dont fully understand when they asked for something we had to tell them that we dont have the money right now but when daddy gets a new job and we get back where we are supposed to be then we will talk about getting it we never made it out to be the end of the world either
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@TLChimes (4822)
• United States
20 Mar 09
Yeah, that's about how we do things. I think it'd be easier if it wasn't birthday month. (4 of our 6 have march birthdays) Lucky I had thought a head and got gifts already. There was a few more I wanted but.... *shrug* oh well.
• United States
21 Mar 09
birthday months are bad what you can do is make them a cake and invite a few of their friends over ask their friends to get them gifts voila you are off the hook LOL
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@TLChimes (4822)
• United States
21 Mar 09
Friends chipped in gift cards to Build a bear so we would only have to spend a little and that's what we are doing. I have a few great friends that look out for us with out holding it against us. We return the favor when we can.
@starangel (414)
• United States
21 Mar 09
I think it's best that we don't stress our kids out over our 'adult' problems. They can't do anything about it and they don't know how to handle that kind of stress because their maturity levels aren't there yet. if they start stressing about something above their maturity level, they will act out. A job lay off shouldn't be their worry. We're suppose to protect them and make sure they're taken care of, and that includes protecting their sanity, so to speak. We don't want our young ones to start going into a depression or come up with ways to make money(which can end up even more stressful). You can keep teaching how money works. If they ask for something, don't say you're struggling to make ends meet, just simply say you can't get that. You need to get things they need not want. make sure you follow suit in your own life. Don't come home with a new purse...lol. If they get upset because they can't have what they want, just let them know that when they grow up and have a job and, then they can get it if they still want it. lol. i'm joking but it does work. That's the story I always heard growing up. Try to discuss the necessity of the item they're asking for. figure out why they want it...at that age it's usually because so-and-so has it. It's good to teach them how to spend wisely and such. But it's more important to teach them all the things they can do without money and that material items are just things. Teach them to be creative and make do with what they have. When they ask for something, let them know you can't get that for them and offer an alternative if applicable. Just keep in mind that our problems shouldn't be their problems. they need to know that money doesn't buy happiness. i've said it in another similar post, but i totally blame the media for brainwashing so many people into thinking the more they have the happier they'll be. it's been a lie for so many years---the rich are happier and better than the poor. it's simply not true.
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@TLChimes (4822)
• United States
21 Mar 09
We aren't big on More... it's never been our way as both my husband and I were born with less. There is some wise and good tips in what you shared here. Thank you.
@syankee525 (6261)
• United States
21 Mar 09
just have to tell them, there isn't no more work, and that mean no more money to get them things they want, yeah i found this to be hard with my kids when i first lost my job
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@TLChimes (4822)
• United States
21 Mar 09
It's hard but it's important. When you aren't rich to start with, it's easier.... I think anyway.
@specific (154)
• South Korea
21 Mar 09
Reading your story ,I just thought of my family.My mom is a woman that who donot want us to know her trouble.But sometimes,we need a lot of money to satisfy our interests.At this occasion ,my mom would tell me that she has a lot of difficulties .I can understand her trouble then ,but I really feel upset.I can understand you just like my mum,but do not worry about this .If you do not let your child know ,he would never have the sence of saving and struggling for himself.
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@TLChimes (4822)
• United States
21 Mar 09
We let them know as best as we could at their given ages. I think we raised them with a sence of how money works and will hopefully be able to keep going with out making life too hard.
• Taiwan
21 Mar 09
I will tell it to my children,though i will feel a little sad about that.Children will grow up one day and they have to learn how to live a life in the future.Keeping the truth from them won't be benefit to them. I will teach my children ability and opportunity are both important to all of us,so we must try our best to do everything well.Don't let the chance slip from your fingertip! I will encourage my children to pass the difficult time with us.Tomorrow must be sunshine:)
1 person likes this
@TLChimes (4822)
• United States
21 Mar 09
I love how you said "I will encourage my children to pass the difficult time with us" That's what families do right? We fight the battles together, we get through it together. I bet we all come out better for it.
@cher913 (25782)
• Canada
20 Mar 09
we have had to deal with that over the years with my hubby and what we have done is told the girls that daddy has been layed off (or whatever) and he will be home a bit more but every thing will be ok. we just need to be careful with our money (which we usually are anyways).
1 person likes this
@TLChimes (4822)
• United States
20 Mar 09
We are very careful with our money too so it isn't going to be horribly bad but with birthday plans made, some will have to be cut back or out.
• Romania
21 Mar 09
i think it`s very hard for kids under 10-11..
@tlb0822 (1410)
• United States
21 Mar 09
My fiance is actually laid off right now, but our daughter is only 15 months old so she doesn't understand it. I know a lot of familys in this predictament right now though. A very large company in my area shut down today, and they aren't sure if they will be reopening. For now they are on lay off mode. Many familys are having to cut back. I would simply let the children know that our money is going to have to go to bills, and important things that we need to live. And that money will be spent on things we need, and not things that we want. I would then explain to the child the difference between what a need is and what a want is. I think that doing it that way is he easiest way.
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@TLChimes (4822)
• United States
21 Mar 09
That is a lesson we have always taught them, as well as careful shopping. I think it's going to be harder to explain dad being home then the money part to the 5 year old because of her disability. She doesn't handle that well.
• United States
21 Mar 09
i grew up poor so i guess i have always known there was no money.. i dont have kids but i think you just have to start young and try to explain it every chance you get i guess..
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@TLChimes (4822)
• United States
21 Mar 09
They too are growing up poor... just as I did. I think it's a bit harder to have and then have it cut out then to be like us and already be without and going just half a step lower. We have always gotten them involved in what is going on. I teach them how to shop for the best deals and such. I think they will handle it in stride. And we had pre-planned for just such an emergency so we'll be ok for a bit.
@zorlone (411)
• Philippines
21 Mar 09
Making examples is the best way to explain to kids the value of money. I don't have a kid myself but I think like one (a lot of times, okay! most of the time LOL) This is how I will put it for the even younger kids: A kid will ask for food, eg. ice cream. I will take out some coins to buy him an ice cream from the ice cream truck. "Do you know where my money came from?" I'll ask. "Where?" he'd reply. "From work." I'll continue. Then I'll ask "Do you know what happens if daddy doesn't have work?" "What?" he'll ask. "Daddy won't have any money." Then I will follow up, "do you know what happens when there is no money?" "What?" he'll ask again. "There will be no more ice cream." I will then let him realize for himself how the analogy works and will hope that he'd understand. he he he! That's just how I would do it. Cheers!
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@TLChimes (4822)
• United States
21 Mar 09
I love your response... Thank you. So I was talking to my 9 year old and told her we had ONLY $400. She said that adults are funny. I asked why. She said " because to a kid $400 is tons of money" She made me realize that it'd be ok because we have TONS of money. Silly kid. But with her, I've already begun teaching her how to bargain shop and stuff so she has an idea of how things work. I'm lucky to have easy going, bright children.
• United States
20 Mar 09
We teach them by teaching them money is not what we live this life for. I find that when parents are worried, children are worried. When parents are in control and provide for their children on a regular basis children do not know if there is not as much money as mom and dad would want. I really think it's based upon the values you raise your children with, and how you yourself handle the situation. Even on one salary or such parents can find a way to make life worthwhile and fun to live. My own grandfather lived through the depression and he grew up very happy and content. His own children grew up with that message, as did I. You live within your means, you change your focus from "money" to "living" and you do so with "Simple Abundance". I have taught a class for years now on using the principles of Simple Abundance and one of the most difficult things for students to do is to change how they view life. We've been conditioned in the modern day era to want want want. When we change this focus we open up the way to contentment regardless of our monetary station in life. I also have used Tolle's work in my classes and it's great for working through the ego. It is the ego that flares up in this situation and says "Oh my gosh, what are we going to do, we're doomed, we're going to starve, etc etc etc". When we stop this we can be as Tolle teaches "the space for this" and we live through it. If you find that you have to cut back on certain things that were once a regular, perhaps it's toys, a particular brand name, I'd simply tell the children this is how things are right now. Remember, you are the parent and what you say in your house goes. Of course, I'm a suscriber to simply teaching children to enjoy whatever they have, when they have it, and their life as it is. My own children are very young from this marriage and I can't say I've had to tell them anything as of yet. They know they will be fed daily, have warm clothing, and get something extra now and then. Namaste-Anora
• United States
21 Mar 09
I came across this thread as I was writing and as it pertained directly to your thread I thought I'd post it. Namaste-Anora http://www.mylot.com/w/discussions/1948480.aspx?p=2#1_11035309
@TLChimes (4822)
• United States
21 Mar 09
I taught mine how to manage money, shop wisely, and to look for the best deal. I also taught them how to plan ahead and keep a storage. I think these are all going to be helpful in the coming years. They aren't into over doing things because like you we try to live simply. We find ways to enjoy life with out the want more ways. And like you suggested to the other poster (thank you for the link) we save for what we want. both as a family and as individuals. This month is a special challenge because it's birthday month. (4 kids of 6) But a few friends knew what we were going to do for the girls and sent us gift cards to Build A Bear for them so we won't have to put out so much. It was the only thing Cait wanted and I had wanted it for her for years. So it's what we are doing. Be Well,
@mommaj (23112)
• United States
21 Mar 09
I tell my children everything but on their level. I keep explanations short and I only tell them what they need to know when they ask. I would let our six year old know that daddy is looking for another job and until he finds one we can't spend extra money.
1 person likes this
20 Mar 09
My Dad Did It In A Way That When I Asked If We Were Going On Holiday This Summer [We Usually Go To Lebanon Every Year, Unless Theres War), He Simply Said We Cant Afford It. Then Mum Said, Dad Company Is Letting Go Of People So He's Nearly Finished His Job Contract, And Is Going To Have To Find A New Place To Work. We Lost 80 Grand Beforehand And Thats Why It's A Problem. But Back On Topic; Depending On How Old Your Child Is You Tell Them In Different Ways, Like You Said The Older Children Would Understand. But I Remember An Age Where Everything My Parents Told Me I Would Tell My Class In Primary School ;S So Maybe If Things Are Going To Get Better, You Dont Have To Tell Them, Because If Theyre Not Really Old Enough To Understand Then They Dont Need To Know. But Then You Have The Problem Of Them Asking For Stuff I Guess. Sorry I Wasn't All That Helpful :/ o.o This Turned Out To Be Long.
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@TLChimes (4822)
• United States
20 Mar 09
You did fine... and most of us don't mind long. Well, my kids wouldn't be asking for much if it wasn't their birthday month. I usually use their birthdays to get them spring clothes and such but this year there are money issues coming so I'll have to cut back.
• India
21 Mar 09
ya it will spoil there future