Let’s face it kids are mean. Kids will find anything and everything to pick on someone about. Despite all of the anti-bullying campaigns out there, it still happens and will always happen. Yesterday one of my kids told me a story and it got me wondering, is your child judged about money?
I guess I don’t really even need to wonder. Chances are they are either being bullied or bullying themselves about it. Many of my clients will have the memories of not fitting in, not having the “brand name” clothes and being made fun of because of it. This type of money memory seems common and acceptable to many. What people don’t realize is that it often goes the other way as well….
Yesterday my grade 7 son came home from school “Mom, ____ said to me today, “Why don’t you have an Xbox, your mommy is rich, she can buy one for you.” “ It happened again. My child is being judged about money.
He was mad, annoyed and frustrated because this isn’t the first time someone has judged him by our home or financial state. We had a close friend’s child also call him “Rich Boy” recently, Which is really funny because his parents make about double what we do!
My son is experiencing the same type of “bullying” I did as a kid. We were not rich when I was growing up. Despite this, because we lived in a bigger home that had a pool I was instantly labelled. Kids model what they see, ARE YOU JUDGING PEOPLE BASED ON THEIR FINANCIAL SITUATION? If so chances are your child is judged about money or is judging someone else!
It doesn’t matter which way your child is being judged Whether they are being picked on for being “poor” or poked at for being “rich.” There is one solution for both problems.
When I volunteer in classrooms only about 25% of kids say their parents actually talk to them about money. I’m not going to lie, when the one kid called my son “Rich Boy” I called him on it. I asked him why he thought that, if those things were true and then pointed out his parents make way more money than we do! I may have scarred him for life – but it is important!
Many parents don’t talk to their kids about money because it is “private”. Think about it, was money a secret when you were growing up? Did that help you financially in the future? Probably not! Be open with your kids. If you catch yourself judging others based on what you “think” is their financial situation; take a closer look at them and a closer look at yourself.
Often the people that “look like they have it all” are struggling. That single Mom might actually be wealthier than you think, we don’t know other people’s stories! Tell your kids about all sides of money, teach them to be compassionate and kind. That’s what truly matters.
If you are struggling with any of those thoughts, please contact me for a FREE consultation!