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Author of Living Simply: Choosing Less in a World of More
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Editor and publisher of The Dollar Stretcher Newsletter
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The New York Times has a great article/narrative on what to take out of tough economic times and how to explain them to children: Link It's really thoughtfully written and teaches us lessons about finances that we should follow no matter what the state of the country.
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Thanks for sharing that article--very insightful! I do feel really lucky to (so far) feel pretty secure despite the crazy economy.
I hope that we're all learning to be more wise when it comes to money. As Ariane says, "from this, something good will come." Maybe the good of the economic crisis is that the younger generations will be more frugal by choice, not by circumstance.