Comments on: Naked Money http://liverealnow.net/naked-money/ The experimental guide to spending, saving, and thriving in the real world. Fri, 03 Feb 2012 19:47:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Carnival of Debt Reduction » A pre-Christmas Carnival of Debt Reduction http://liverealnow.net/naked-money/comment-page-1/#comment-14 Carnival of Debt Reduction » A pre-Christmas Carnival of Debt Reduction Mon, 21 Dec 2009 08:31:24 +0000 http://liverealnow.net/?p=204#comment-14 [...] Real, Now is totally open with the kids about their [...] [...] Real, Now is totally open with the kids about their [...]

]]> By: her every cent counts http://liverealnow.net/naked-money/comment-page-1/#comment-4 her every cent counts Tue, 15 Dec 2009 18:02:08 +0000 http://liverealnow.net/?p=204#comment-4 I don't have any good ideas for you, but I must say you're doing an impressive job of teaching your kids about finance. My father would always hide in his office working on bills. The only thing I'd hear about finance is him yelling at my mother for spending too much. Teaching kids about living within your means is tough. I think the best way to do this is to have them talk to people who have lived in their means and also people who haven't. I think it would scare a kid to talk to someone who has a lot of fancy toys and is deep in debt (especially if your kid is already scared of debt!) I don’t have any good ideas for you, but I must say you’re doing an impressive job of teaching your kids about finance. My father would always hide in his office working on bills. The only thing I’d hear about finance is him yelling at my mother for spending too much.

Teaching kids about living within your means is tough. I think the best way to do this is to have them talk to people who have lived in their means and also people who haven’t. I think it would scare a kid to talk to someone who has a lot of fancy toys and is deep in debt (especially if your kid is already scared of debt!)

]]>