As parents, we’re constantly reminded of how quickly time passes. It seems only yesterday that they were small and cute; now they’re walking, talking, going to kindergarten, and soon they’ll be in school. As children become more independent, not only does everyday family life change, but often so does the amount of work parents do. Perhaps the parent who used to do the lion’s share of the housework and childcare will start working longer hours, or perhaps both parents will do so.

This is a good opportunity to sit down as a family and talk about work and money in the family and explain different family models. But what’s the best way to have this conversation?

Every family member makes a contribution

Start the conversation by explaining to your child that a family is a community in which all members are equal and do their best to make family life work. This includes housework, cooking, childcare, working to earn enough money and organizing time together.

Children also contribute by going to kindergarten or school, tidying their rooms or helping with household chores. This helps them realize they are part of this system and their cooperation is important.

Conveying appreciation for all types of work

Much can be explained, but children primarily orient themselves based on what they observe. This is why the attitude of parents or guardians toward work are key. Emotional recognition is also important. Praise and encouragement help children understand that work is valuable, even if it’s not always financially rewarding.

Children learn a lot from adults. If parents show respect for each other regarding their domestic and paid work, children automatically adopt the same attitude.
Johanna Aebi, CEO at Young Enterprise Switzerland

Explaining the family model

Children often ask very specific questions, such as: “Why doesn’t daddy work on Fridays?” or “Why does mommy also work on our home computer?” Questions like these provide a good opportunity to explain your own family model. Talk about how the various tasks and needs relating to paid work, household chores, childcare, joint activities and time for yourself all need to be given space. And explain to your kids how you’ve divided up the individual tasks in your family.

Also convey to your children that families are organized very differently. In some families, both parents work full-time, in others only one does or both work part-time. In addition, there are not always two parents, or they may live in different households. In some families, grandparents or other caregivers help with childcare. There are also families who can afford and want to pay for external help with housework or childcare. 

Your child needs to understand that every family looks for the model that works best for them. There can be significant differences depending on the family’s situation and stage in life. However, one model is not better or worse than another.

Talking about the “family pot”

Your child now knows how your family is organized. The next step is to explain how the shared “family pot” is put together. 

At least some of the money earned through paid work is pooled. This family budget is part of the “family pot”. It’s used to pay for all the important things, from rent to food and clothing. Unpaid work such as cooking and cleaning also contributes to the family pot, because it enables everyone to live well. It’s also good if the family budget is not completely used up at the end of the month, because it’s important to have a reserve in case something unexpected happens or if you want to save for a big-ticket item.

In addition, both parents may have their own accounts and the children may receive pocket money or a youth wage

Your children can benefit from all these thoughts and considerations. So take the time to calmly discuss and explain your individual family model with your child. Start small, for example with simple examples instead of exact salary figures. The older your child is, the more specific the information can be.

Frequently asked questions about work and money

Conclusion: the family as a starting point for questions about work and money

  • A family is a community to which children also contribute.
  • Talk to your kids about the different types of work: paid employment and unpaid family work. You can explain in a fun way how paid work works and why it’s necessary.
  • In everyday situations and by observing the behavior of their parents or guardians, children learn that all types of work are valuable.
  • Unpaid work and the family budget are part of a “family pot” that’s used to shape family life. 
  • As your child gets older, you can involve them more in more specific questions about budgeting and saving.

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