Family Money: Something Secret or Simply Private?

(opens in new tab)Affluent parents possess much information that children eventually need to know.  Yet, many families avoid talking about money.  Some families think it is wrong, some worry about the consequences, many just don’t know what to say. Unfortunately, staying silent about this important topic can have far-reaching consequences. Children are left in the dark about how to think about money or handle their finances, creating needless mystery and anxiety around money.  This article(opens in new tab) helps clarify the differences between healthy privacy and unhealthy secrecy, allowing families to face anxieties and break the silence around money.