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Topic : 08/12 How to Talk to Your Kids about Money

Number of Replies: 43
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Created on : Friday, March 20, 2009, 12:11:27 pm
Author : DrPhilBoard1
(Original Air Date: 03/27/09) The current economic crisis has everyone on edge. It’s more important than ever to talk to your kids about money, and today, Dr. Phil gives you the tools you need to have that conversation. His first guests, Lora and Kris, say they want help because their 15-year-old daughter, Katy, loves to shop –- with their money –- and she doesn’t take care of the items she buys. She’s already on her second iPhone, second iPod and third laptop! Katy admits she’s a little spoiled but says every teenager wants nice things. Lora and Kris admit they have a hard time telling their daughter no. How will Katy do when asked to balance the family budget? Then, Dr. Phil leads a roundtable discussion about money with a group of fourth and fifth graders. Find out their reactions when they learn how many bags of groceries you could buy with the amount of money it costs for an iPod. Plus, financial expert Susan Beacham shares the dos and don’ts for teaching kids about money. Talk about the show here.

Find out what happened on the show.

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July 9, 2009, 11:57 am CDT

not so smart

Quote From: smartguy

I didn't watch the show but if the parents can afford their child then great. If they can't afford it and they do it anyway then great. The only way you should be mad if this girl somehow affected you later on in life like she ends up on welfare or marry your son. I honestly think it's funny because they are giving her a false perception on life. Most guys won't break the bank just to please her especially since she doesn't look all that good.
ever heard of 6 degrees of separation? global village? chaos theory? systems theory? what this family, what anyone does right now, yesterday, affects this entire Planet. you might not break the bank to please her because she is ornery and you have the sense to know that, but why should society have to deal with her and her parents' ills, the ills of millions more similar to them who don't have the nous to wise up and fix what's broken?
August 7, 2009, 10:54 am CDT

Doctor Phil Show.

About Doctor How Kids Money Phil Talk To Your. That is one thing about money. Donot spend to much------

money or save it on rainy day. See you  on August 12th, 2009 Wednuesday. Sincerley Your. Russell Vlaan-


August 12, 2009, 3:31 pm CDT

Buying Love

Too many people today have their self worth tied up in what they have.  Parents that give their children too much are abusing them by teaching them that same trait.  Many of their childern are suffering from what I call 'Entitlement Syndrome'.  I have especially seen this in the attitudes of high school students of upper middle class families in my area.  Their parents have given them so much that the children have been taught that they 'deserve' anything that they want, then they go to school and form 'clicks' which in some cases belittle others that do not have those things.  Some parents have gone to the extent of giving their teenage drivers BMW's and other hight performance automobiles which end up being 'raced' on our local Interstate highways and killing innocent people.  Other local parents have been jailed for supplying alcohol to students at parties in which someone had been killed afterward. Anyone that thinks they are showing 'love' to their child by giving them 'things' does not know what LOVE really is!  The parents on this show included.

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