TITLE

Helping Children Understand the Economic Crisis Without Scaring Them to Death

AUTHOR(S)
Gallo, Eileen
PUB. DATE
April 2009
SOURCE
Journal of Financial Planning;Apr2009, Vol. 22 Issue 4, p38
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents suggestions for talking with children about the economy without frightening them unduly. It is noted that children often take adult statements literally, so parents should avoid exaggeration when talking about financial difficulties. The importance of actually talking and listening, as opposed to lecturing, is emphasized. The use of a reassuring tone, combined with simple and honest information, is said to be helpful. Asking questions can help uncover what concerns children have, and they could be encouraged to think of ways they can be thrifty or earn their own spending money.
ACCESSION #
37830541

 

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