Business guru blogs about the latest in green biz.
Kids and money: Adult children and financial disclosure
Money magazine is seeking reader input for an upcoming story.
Tue, Jul 17, 2012 at 5:02 PM
“For an upcoming story, Money would love to hear from you on what you have — or haven't — shared with your kids about your personal financial situation. We'd like to know why you chose to talk to them about it, or why you haven't. Do you have a philosophy about familial financial disclosure? Has your experience with your own parents affected how you handle this subject with your kids?”
As parents, my husband and I have had to tackle the money questions from our kids. How much do we make? How much do we have? Do we have enough money? Can I have $100? Yes, my 8-year-old daughter asked for $100. My answer was a chuckle then a quick “No.”
As adult children, we also have conversations about our parents and finances. I’ve grown up in a fairly open family and so I have an idea of what is going on with my parent’s finances and likewise, they have an idea of what is going on with ours. However, I know that not every family is as open with family finances as mine is, so I’m looking forward to the Money story on the topic.
The opinions expressed by MNN Bloggers and those providing comments are theirs alone, and do not reflect the opinions of MNN.com. While we have reviewed their content to make sure it complies with our Terms and Conditions, MNN is not responsible for the accuracy of any of their information.