A mother with her children.[Photo/shutterstock]
Raising children in the best way with regards to money could be the hardest task that parents could ever face.
Here are a few tips on raising children with a right mindset on finaces.Never discuss your salary with your children or even worse start discuss with your kid on which parent earns more than the other. The child might become bias and start clinging to the one who earns more because they know they can get anything they want.
Never tell them how much a gift you have gotten them costs. No child will get excited over the price of a gift but the gift itself and you might end up setting a bad background from them in a situation where things get rough ,they will not understand the situation and ask for a pricier gift.
You should not tell your kids how much you pay your baby sitter. For starters ,it could undermine the help could be undermined by it and also your kid could end up underestimating the house help setting a bad basis for their relationship.