I think that makes a lot of sense. My daughter is reading a lot about the Great Depression right now and has asked me several times whether we are in danger of losing our house and if we've remembered to pay our property taxes, because she knows that people had lost their houses in the Great Depression. After assuring her that the mortgage and taxes are all set, she was absolutely SHOCKED when I told her that she has essentially lived through a period of time not that far off of what the Great Depression was like for many people, as her life was never impacted in any meaningful way nor does she know anybody personally whose family is struggling. We do talk budget with her in terms that make sense to her, as that's more real than our salaries and other income. For example, we have discussed what it costs to take care of her guinea pigs each month, and help her realize how it adds up over a year (especially when we need to hire a pet sitter to take care of them when we travel), as that is an important lesson in my opinion.