In our culture, money has three distinct purposes: spending, saving, and sharing. I encourage you to work with your children individually to develop their own personal goals and positive experience around money. This is particularly important when you are going through a divorce as money pressures typically are felt by all members of the family, especially children during this time.
You have learned about money through your relationships starting in your childhood, then in school, and finally in your marriage. Some people hoard money while others spend it freely. Some are responsible about attending to daily financial management tasks, while others avoid these tasks and responsibilities as much as possible. Some people don’t invest their money at all, others very conservatively, and still others take great financial risks.