05/18/2015 11:35 am ET Updated Dec 06, 2017

Learning the Value of Earning Money, with Ron Lieber (VIDEO)

Being a parent can be tough as it is, but New York Time's money columnist and dad himself Rob Lieber stopped by Mondays with Marlo to discuss the challenges we all face when talking with our children about money, like learning about the value of money. Ron gave a great example of how his daughter doesn't get paid for chores, but rather is given an allowance. This separates the idea of common housework from work, allowing the child to understand the importance of both paid and unpaid work. For all of Ron's helpful family money tips, view the videos above and don't forget to submit your questions to Mondays with Marlo on Facebook for our future guests!

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