Goodfinancialknowledge early on in life is so important, as it can come in handy in many different situations.
The only problem is if the parents themselves cant agree on how to handle their money.
This is what a couple faced after their son asked for an expensivevideo gameitem as a Christmas gift.
SinceChristmaswas coming up, she decided to make an exception until he mentioned how costly the item actually was.
It seems like he didnt realize the full financial implications of what he was asking for.
To understand how parents should handle money discussions with their kids,Bored Pandareached out toSarah.
She is a qualified EYFS primary school teacher, parenting blogger, and mum of three.
The posters son didnt seem to be put off by her refusal and accepted her decision point-blank.
Just like this situation, sometimes couples can have differing views on how to spend and save money.
This can lead to children learning inconsistent messages about money management.
He wanted her to spend the $250 and she felt that it was a very frivolous purchase.
Ultimately, they couldnt come to an agreement on the issue.
