Monday, July 20, 2009

How should parents explain the recession to children?

This Chicago Tribune article offers some suggestions. Among them: taking the kids with you to the grocery store and making sure they see you using coupons, which will help teach them the value of a dollar.

"Whatever route parents take in navigating the recession," the article says, "experts say children are paying attention. The financial decisions parents make today, the priorities and examples they set, will have an important influence on their children's financial lives, experts say."