Sentences with phrase «money conversation with your parents»

Not exact matches

«These Gen Zers have seen their parents struggle financially [due to the recession and student loan crisis], so parents are having conversations about finances, money and debt with kids earlier.

«Probably the mistake parents make most is that they don't have conversations about money with their kids,» said Laura Levine, president and chief executive of the Jump $ tart Coalition for Personal Financial Literacy.

Doug Lockwood, a financial planner at Hefty Wealth Partners in Auburn, Ind., says he is having many more conversations with clients lately about young people saving money — although mostly these involve affluent parents expressing their fears over how their grown children will get by in more trying times.

And you have to have those tough conversations today, or if you don't, when you're trying to retire or when the money runs out when you're 70, and then you're going to be having those conversations with your kids about why you're going have to move in with them, or how we're going to make arrangements to provide for your parents.

Some conversation topics that should be avoided at all costs when talking with your children include: negative comments about the other parent (and their family and friends), the divorce process and events leading up to it, money in the context of child support, details of your spouse's life or your children's time with your spouse.