She spoke with Reuters about how to equip kids with money smarts. I looked into the research, which is all over the map - sometimes allowances help kids with financial decision-making, and sometimes they don't. A: I don't think you need to talk about your salary, because kids don't have any context for it, and won't really understand it. You also don't need to point out who is the bigger breadwinner, by saying things like 'Mommy makes twice as much as Daddy.' What I tell other moms is: Make your financial priorities clear, and your kids will pick up on it.

Source: Standard Digital February 13, 2017 07:37 UTC