How Do You Tell Your Kids You Are In Financial Trouble? (Episode 208)

It can be really hard to admit to your family that you are between a hard spot and a rock financially. How do you have the hard discussion with them? Dr. Leman tells us on this episode.


There are times in our lives as parents that we really mess up. Sometimes we make bad choices that have an affect on the whole family, but it is really humbling to admit.
Like debt.
Job loss.
Is it right to tell your kids, or do you hide it to protect them?

Debt is never a good place to find yourself. It is a terrible place to be.

And, with your family, you must admit your mistakes.
Humble yourself. Tell the family what is going on.

“I have failed as a model. I made the mistake of thinking things are more important than people.”

This is an opportunity for the whole family to pitch in (depending on their ages). Mom and Dad find jobs. The kids can work as sitters and do yard work. Everyone can pitch in.

Don’t let the shame eat you up. It is time for you to look yourself in the mirror, ask forgiveness and move on!


Want More Help?

You can click here to see, specific parenting solutions from Dr. Leman.

COFFEE New Parent Logo Get Go Homework LOGO Final Bedtime Logo 250x250

Subscribe Today!






The next session is an Ask Dr. Leman. If you have a question for Dr. Leman that you want answered on an upcoming podcast, please leave us a voicemail for. We reserve the right to use your question on the podcast. (This is NOT a private voicemail for personal counseling.)

Your Feedback

If you have an idea for a podcast or a question about an upcoming episode, e-mail me. If you enjoyed the show, please rate it on iTunes and write a brief review. That would help tremendously in getting the word out!

Thank You!