Dear Mr. & Mrs. Rich and Regular,
Thank you for posting about the difficulties that younger people have when discussing finances with their parents. It is often strange to impart financial knowledge to parents, as they are the ones that have many more years of life experience and managed to raise a family based on their current knowledge. I like tip #2 “Start small and make it count.” I will try this method and see where it gets me.
Thank you and good luck Honest Accountant. If you learn a 4th and 5th tip, please share. I think we ALL could use the help 😉
Great piece. We are pretty private about our finances with our parents. They know we work hard and do ok but we generally don’t ask or tell.
Been there. Don’t have all the answers yet but something tells us that avoiding the conversation altogether is NOT the way to go. Estate planning, for instance, requires conversation.
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