Rachel Morgan Cautero reflects on their upbringing and current approach to teaching their children about money. They grew up with a basic understanding of finances but no formal education on budgeting. Now, living in an affluent area with disposable income, she realized the importance of educating their young children about money after their 4-year-old questioned why they didn’t have a “bigger golf cart” and asked about being rich.
https://www.businessinsider.com/teaching-my-kids-about-money-affluent-area-2024-8?r=US&IR=T