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Originally Posted by HalMd
My question is, do I:
A. Tell my kids my salary openly and unconditionally.
B. Tell my kids my salary with an understanding that they are not to discuss it with their peers.
C. Do not tell my salary to my kids.
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C without a doubt! I am sorry and perhaps I am the minority here but it is not a kids business how much money I make. However, you can still set up a budget with a specified amount of money to pay the budget. They do not need to understand whether it is the amount you make or not. You can teach a child how to budget and balance a checkbook without using your money. You could even use a fake budget with fake money if you wanted. I just feel that we as adults earn the money for not only working but being away from home, working at home (that is where the extra comes in! lol) I taught my daughter from the time she was small what we need to pay and if we had enough but I don't think she understood that it was my paycheck amount. As she got older she simply accepted if I said there was not enough left after the bills were paid.