We got paid and on the DAY we got paid our daughter asked if we can go out to eat. We said yeah sure do you want McDonald's or burger king she said I want to go to Olive Garden. I said so do I but we don't have money for that. She said but we have money for McDonald's. I said yeah McDonald's 20 bucks olive garden 60 bucks. So either a kids meal or nothing.
That was the day she learned certain stuff cost more than others. She is barley learning to save 10 cents for every dollar you plan to spend for taxes. We always paid her tax. But she is 12 now.
My parents never ever let us know how much or how little they had. We tell our daughter all our bills and what needs to be paid before we have "spending money" so she knows how to manage bills when she gets older. We don't tell her what we make we just let her know what the bills are not the prices of them either.
Rent
Car payment
Car insurance
Stuff like that
That was the day she learned certain stuff cost more than others. She is barley learning to save 10 cents for every dollar you plan to spend for taxes. We always paid her tax. But she is 12 now.
My parents never ever let us know how much or how little they had. We tell our daughter all our bills and what needs to be paid before we have "spending money" so she knows how to manage bills when she gets older. We don't tell her what we make we just let her know what the bills are not the prices of them either.
Rent
Car payment
Car insurance
Stuff like that