I'm in your situation. It hasn't been hard - if anything it's been a harder adjustment for us parents who never expected to have much and had no financial skills beyond frugality. I would say the important thing is to raise them with openness, not a "we don't talk about money" mindset. They're not stupid, they can see that we can afford things some friends' families can't. They've seen the family photos that reveal how little we had growing up. We taught them to spend carefully and have explained that when they are on their own they'll start back at the financial bottom like we did, and have to work their way back up. When they were little we still had the small house and student loans, and they know we only have the nicer house now because we are old and saved enough. But they also know adults end in different places - one of my brothers is borderline working poor, and while his family would like more money they're happy with a good life. One of my kids is generous to a fault - when he was little he used to give his allowance to homeless people and on one memorable Halloween even approached a group to give them some of his candy; now that he is older he runs out of money because he treats friends.