Discussing Money With ChildrenI do not want my kids to EVER worry about the family's money. But recently there have been questions coming from all of them except Katherine. It was probably brought on by the fact that my financial situation has changed a bit because I've become pregnant with twins and have to put away extra money to tide us over while I'm off work on maternity leave and also to pay for the babies cribs, strollers, etc.
But that means cutting back on certain things that once were not an issue, such as ordering out food or buying mostly brand names, the type of school supplies we can buy, etc. and the kids are starting to ask questions. Catherine is the oldest and we've talked a little about money with her so she hasnt been as curious as the other three. With my second and third oldest I would just say "I'm not in the mood for pizza tonight, let's just eat in okay?" or when shopping just drive to a different store and say "Well, I thought it may just be nice to go somewhere new for a change." but the second oldest, Cole, has figured out its a money thing and told his little sister and brother "Don't bother mom about going to the movies, she stressed about saving money!" he was trying to be helpful, but as a result they all ask me about why I'm trying to save money, are we broke, are we poor, etc.
I have no idea what to say without burdening them. I also don't know if my younger kids aged 5 & 9 can handle this conversation yet, if they can understand it. I discussed money with all of them, except the 5 year old, but not in a "real" way. They understand what money is, that everyone has a different amount of money and that how much they have is there business. They understand you work and earn money and that you save money, etc. But they know nothing about OUR financial situation. Cole is about the same age Catherine was when we talked to her about money so I'm less concerned there, but what should I do about the other two?
Any advice would be appreciated!