Should parents tell their children the real financial situation of their families?

I think children should be told that extremely wealthy families are not within the scope of this topic. After the children go to school and go to college, the expenditure doubles. There are many students in the university, poor and rich. Comparing with each other and attracting each other has become a fashion. Some children don't know the economic situation of their families, blindly pursue high consumption and lead consumption, all of which need financial support. They don't know the financial situation at home and keep their mouths shut to their parents.

Parents love their children and give them everything they want. Give your child what he needs. It encourages children's unhealthy psychology, covets comfort, compares with each other and consumes in advance. Buy high-end clothes and luxury consumer goods, compare with each other and pursue vanity.

If parents are not satisfied, they may use online loans to meet their high consumption. I don't know that my parents earn a little money. I am very tired, but I can't understand and care about my parents. I only know how to spend money indiscriminately, but I don't know how hard it is to make money.

It's best to explain the financial situation at home to children, so that children can understand why mom and dad are so hard. When choosing a school and applying for a major, children will choose the most accessible opportunities and apply for a suitable major according to the economic situation at home, so that the order volume will reduce the burden on parents. Children will also become sensible people, will not give their parents trouble, rational consumption, and will not enter the whirlpool of pursuing high consumption and leading consumption.

If the child is really too young, you should not tell the truth. Wait until the child reaches a certain age. When you are sensible enough to think, you can talk to your children about your family's economic situation and your future plans appropriately, so that your children can fully understand the pains of some parents. There are many benefits for children. Children will do things faster, and will not waste time outside school, squander their parents' property, and put family finances in crisis.