Do you know the true financial situation of your family? Did your parents share it with you? Did this benefit you?
Parents work hard in exchange for income to support the family. Sometimes, you ask a favor from your mom who still refuses by saying the family has run over the budget this month. Have you ever wondered where the income went?
Dinner on the table, utility bills, your clothes and medical treatment all silently swallow up that income. Since the money goes to these things first, how much can be spared?
Parents keep note of every bill and might share that with you. They hope that you can have clarity about the family's financial situation and can appropriately value money, experience the realities of life, and master the ability to make full use of your income in the future.
A hashtag #Do you know the financial situation of your family?# recently sparked discussions online.
One netizen said it was necessary to tell children about the real situation, as exaggerating the truth might leave a bad impression on children.
But there is an occasion when parents avoid telling the truth to their children. They are afraid that if children know they are born into a rich family, they will not work as hard as their peers.
On the other hand, parents feel that the burden of life is not bearable for young children, who cannot understand mortgages. What they do is to let children live frugally without squandering money.
Since the budget is tight, a pack of snacks, a trip to the beach, further studies or other desires should be considered even more carefully.
So here's this week's Chitchat topic:
- Chitchat topic -
Should parents share the family's true financial situation?
Did you benefit from knowing your financial situation?
Share your stories and we will publish some of the best on Monday.
Editor: Zhang Xi
Intern: Chen Xianglan
Click here for audio and translation of the story
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