Life has different phases and therefore ups and downs are a phase of life. Sometimes your financial condition may be very good while sometimes it may be tight. Parents do not want that such tough conditions come in front of children and hence try to stay cool and calm. But sometimes the situations are so worse that you need to tell your children about it. It is really a difficult time to share financial problems with your kids especially when they are too small. The parents have to be wise enough to handle the pressure and smartly tell the kids so that they become aware of the problem but do not get worried. It is the parents who will decide how much the kid should know and in what limit.