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How Poppi Co-Founder Told Her Kids They Were Rich

The Wall Street Journal • 2026-06-02T13:22:51Z • 1:47:00 • intermediate • Business

Lead

Have you ever wondered how to talk to children about wealth? In this insightful video, the co-founder of Poppi shares her experience of explaining their family's financial situation to her kids.

Video

Quiz

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Q1. What was the initial reaction of the kids when they learned about their family's wealth?

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Q2. What advice did the co-founder give her kids about discussing their wealth at school?

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Q3. How did the co-founder describe the importance of teaching her kids about money?

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Q4. What did the family do to help manage their wealth for the children?

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Q5. How did the kids react to the investment accounts set up for them?

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Vocabulary

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upfront

/ʌpˈfrʌnt/

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Definition

direct and honest in communication.

Example

It's important to be upfront with your children about financial matters.

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conversations

/ˌkɒnvərˈseɪʃənz/

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Definition

talks or discussions between two or more people.

Example

They had several conversations about money management.

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stewards

/ˈstuːərdz/

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Definition

people who manage or take care of something, especially resources.

Example

They aim to be good stewards of their inherited wealth.

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generational

/ˌdʒɛnəˈreɪʃənl/

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Definition

relating to or occurring in a generation or generations.

Example

The family focused on building generational wealth for their descendants.

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curious

/ˈkjʊəriəs/

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Definition

eager to know or learn something.

Example

The children were curious about how the stock market worked.

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estate planning

/ɪˈsteɪt ˈplænɪŋ/

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Definition

the process of arranging for the disposal of an individual's estate after death.

Example

They engaged in estate planning to ensure their assets were managed properly.

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