{"id":8829,"date":"2022-09-15T13:52:34","date_gmt":"2022-09-15T13:52:34","guid":{"rendered":"https:\/\/www.theparentsocial.com\/?p=8829"},"modified":"2022-09-16T09:18:09","modified_gmt":"2022-09-16T09:18:09","slug":"discussing-the-rising-cost-of-living-with-children","status":"publish","type":"post","link":"https:\/\/www.theparentsocial.com\/discussing-the-rising-cost-of-living-with-children\/","title":{"rendered":"Discussing the rising cost of living with children"},"content":{"rendered":"\n

Whilst we shouldn’t normalise the cost of living crisis, the fact is – until the powers that be find a sustainable solution – many of us need to tighten our belts. <\/p>\n\n\n\n

The current cost of living crisis <\/h2>\n\n\n\n

I’ve often talked about money saving and money-making ideas<\/a> as a way to boost income and reduce costs. However, we’re currently experiencing rather unique circumstances and for the first time I’ve been properly talking to our children about how the macro things affect us. <\/p>\n\n\n\n

\"cost<\/figure>\n\n\n\n

I’ve always advocated talking to children about saving and budgeting (when they are old enough to understand). Now more than ever, I think it’s important we talk about what’s happening and its personal impact. It’s also vital to have these discussions to put into context what children have undoubtedly consumed via their peers, TV or social media. <\/p>\n\n\n\n

How we’re talking to the children about rising costs <\/h2>\n\n\n\n

Honesty is the best policy. We’ve been having lots of conversations about topics such as inflation, interest rates, mortgages and rising food<\/a>, petrol and energy costs (and how they all interlink). We’ve stressed the importance of being mindful about our consumption but at the same time have allayed concerns. It’s a fine line between raising awareness and causing panic; we’ve tried to counter the sensationalist headlines they’re exposed to. <\/p>\n\n\n\n

Reinforcing good habits <\/h3>\n\n\n\n

We’ve mainly tried to reinforce habits that we’ve always promoted and explained how these help. These include: <\/p>\n\n\n\n