Please read this short piece discussing Explaining Wealth Stewardship to Young Children, as published in Point of View online magazine on April 3, 2025, also a short video clip.

Explaining Wealth Stewardship to Young Children

Last updated: July 7, 2026

Someone asked me recently, “How young is too young to start talking to our children about our family’s wealth?” My answer was that your children are almost never too young to start.

I had a client who shared this powerful anecdote with me. Remember that old nursery rhyme about the golden goose who laid the golden egg? This client was an inheritor of wealth herself, and she used that analogy with her children to describe her approach to handling their family’s wealth.

She told her young children that she had inherited the equivalent of a golden egg from her grandparents, and that she viewed her job as the current steward of that egg to nurture and grow it, and not to break it open and take out all the gold.

I love the notion of explaining the concept of wealth stewardship to even young children by use of a familiar story that the children are comfortable with and can relate to. These so-called “money talks” can be daunting for the parents to contemplate, but starting early and continuing them in age-appropriate ways over the years will produce a better outcome in the long-term.