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Sarah Jessica Parker explains why she wants her three kids to understand the 'value' of money

The 58-year-old star opened up about her parenting philosophies when it comes to raising her three teens.

Sarah Jessica Parker explains why she wants her three kids to understand the 'value' of money
Cover Image Source: Sarah Jessica Parker, James Broderick, Marion Broderick, Tabitha Broderick, and Matthew Broderick on December 11, 2022, in New York City. (Photo by Jason Mendez/Getty Images)

Sarah Jessica Parker, mom to twin daughters Tabitha Hodge and Marion Elwell, 13, and son James Wilkie, 20, opened up about her parenting style on iHeartRadio's Table for Two with Bruce Bozzi. The 58-year-old "Sex and the City" star shares her teens with her spouse and fellow actor, Matthew Broderick.

Parker explained that she believes in the importance of teaching kids about the value of money and that even privileged New York City kids shouldn’t get everything under the sun. "You want your children to understand what it means to earn money, what it takes to earn money, the value of it," she said. "They [should know] the expectations will be the same for them."

Matthew Broderick, Sarah Jessica Parker and James Wilkie Broderick attend HBO Max's premiere of
Matthew Broderick, Sarah Jessica Parker and James Wilkie Broderick attend HBO Max's premiere of "And Just Like That" at Museum of Modern Art on December 08, 2021 in New York City. (Photo by Dimitrios Kambouris/Getty Images)

Parker agreed with country legend Dolly Parton's philosophy of taking care of a child's needs, but not all of their wants. "I think it's a great way of living for children, that their needs are met — to be fed, safe and loved. The important things in life: books and food and interesting experiences, and they're warm in the winter and cool in summer," she continued. "But they should pine for things, they should want things. And we should also be interested in how do they contribute to things, at a certain point?”

She also makes sure the family of five eats fresh, homemade meals almost every night together. "We cook every night. It's a source of huge amount of pride for everybody," the star shared, adding that once a week, they also "have a Sunday dinner — we invite people."

Matthew Broderick, Marion Loretta Elwell Broderick, Sarah Jessica Parker and Tabitha Hodge Broderick attend Disney's
Matthew Broderick, Marion Loretta Elwell Broderick, Sarah Jessica Parker and Tabitha Hodge Broderick attend Disney's "Hocus Pocus 2" premiere at AMC Lincoln Square Theater on September 27, 2022, in New York City. (Photo by Dia Dipasupil/Getty Images)

According to Hello! Magazine, Parker previously said in a radio interview with KIIS FM that she believed in raising grounded children who had a healthy relationship with finances since she grew up with little money. “Parents who aren't well known can have children who aren't grounded because of the example they set in their home,” she said. “I will do my best to make sure you always have what you need, but I want you pining toward something. I want you to work for something, to dream of it, to will it to happen.” 


 
 
 
 
 
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Parker also sets an example with her husband—to whom she's been married since 1997—on the importance of building long-lasting healthy relationships. "Happy 26th anniversary, my husband," Parker wrote on Instagram in May. The post simply featured a picture of a champagne cork. "That sure was a nice celebration and a really nice bottle of champagne. And a gorgeous walk home. Oh, the miles we have strolled together," she added. "I love you. XOX, your SJ."

For decades the couple has kept their relationship out of the spotlight for the most part. “I've always said one of the reasons we’ve had success is because we don’t talk about our marriage,” Parker told The Hollywood Reporter. “I’m not flattering myself that anyone’s discussing my marriage, but we’re certainly not going to add to it by saying, ‘Well, this is why it works.’ Next thing you know, there’ll be a very public divorce. So we just try to respect each other.”


 
 
 
 
 
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