It can be tricky deciding whether to let children in on problems facing the family. You don't want to worry them but they may become more worried if they can tell there's something amiss but they don't know what it is.
Keeping children in the picture, in an age appropriate way, could surprise you as one father found out after a discussion with his son.
Unemployed contractor Tom McGuire had a heart-to-heart with his 11-year-old son Zach about the family's financial difficulties.
Zach's response? To sell his toys in a bid to raise some much needed cash.
He placed a "Toy Sale" sign at the end of the drive at the family's home in Toledo, Ohio, and set up a table in the front garden full of his belongings for sale.
"You can't live in toys, or eat toys. Even though they are fun, you don't need them," said the caring lad.
His father has been unemployed since December and was also not paid for a job he did last summer leaving him $30,000 out of pocket as he was liable for building materials and the work of two subcontractors. He continues to hunt for work but in the meantime sings his son's praises.
"Zach has a big, giving heart. He came to me with this idea. He wants to contribute," he said.
His son is no stranger to helping others though and obviously has a thoughtful, generous nature. He raised $400 by selling Kool-Aid to help the homeless after the devastating Hurricane Katrina in 2005 and created a "Cocoa for California" campaign a few years later, which sold hot cocoa to help those affected by the wildfires.
Zach believes everyone, no matter what their age, can do something to help others.
"Even though they don't feel like they could do anything, they could do a Kool-Aid stand, like me," he said. "It's what you're doing that matters and how you're helping people."
Do your children like raising money for charity? Or have they ever done something kind and considerate for someone else? Tell us about your caring kids here.