‘The Talk’: Your Kids and Your Money

‘The Talk’: Your Kids and Your Money

What should you tell your adult children about your money? That’s a question all of us confront. Some people think it’s none of the children’s business. A few tell all. Most of us are probably somewhere in the middle, revealing some things and reserving others, depending on our own feelings about money and whether the facts might cause anyone distress.

I put the disclosure question to members of the National Association of Personal Financial Advisors, who are all fee-only financial planners. They lean strongly toward having “the talk.”

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