PSYCHOLOGIST WARN Never Use These 5 Phrases When Talking to Your Child

5. We can’t afford it
   Financial stress can take a toll on a household, but children shouldn’t feel the pressure. Plus, they shouldn’t feel like money is a powerful entity that rules their lives. This can cause them to worry too much as they get older and develop an unhealthy relationship with money. Instead, teach kids how to budget and take control of their finances at their own level, according to Amy Morin, author of 13 Things Mentally Strong Parents Don’t Do.

For example, if the kids want to go to Disney World, don’t say, “we can’t afford that.” Say, “This year’s tickets don’t fit our budget.” You can also discuss how to manage your budget and prioritize your money, if they want to