How to Explain Inequality to Your Kids
In the first installment of our series about kids and money, we discuss how to explain inequality to kids, who notice a lot more than we think, and how meaningful friendships across class lines can help kids get a sense of how other people live.
Ron Lieber is the "Your Money" columnist for The New York Times and the author of The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money(Harper, 2015). He joins us for three weeks this month on three ways to teach children about money.
@WNYC @BrianLehrer Have the conversation early - I created twin spoiled monsters - college paid for by us in full.
— Opinion 123 (@motivate51) February 2, 2015
@BrianLehrer spent part of my childhood in Guatemala, which shaped my view of necessities. My brother didn't & his "wants" = "needs" to him.
— Isabel (@MlleIsabelH) February 2, 2015
@BrianLehrer Umm, when you grow up w/ not much money, no need for talk. You know exactly how much your parents make and what you can afford.
— Danielle Qing (@DanielleQing) February 2, 2015
