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The truth is that parents lie
Honesty is the best policy, we teach our children - in between the lies. Even as parents promote and insist on veracity, they routinely bend or banish the truth to influence their kids' behavior and emotions, psychologists from the University of California San Diego and the University of Toronto report in a pair of new studies. Ref. Source 6
I see that there are some benefits to at least withholding some of the truth from Children.
They do not need to know how much you are struggling financially or what your intimate life is like. They do not need to know every terrible thing and detail that is happening in your extended family (family members making terrible choices). If something is happening at work, you can tell you spouse, but the children do not need to know.
It is OK to give them age appropriate information, but it is also appropriate to withhold some information (essentially a lie).