When exactly is the right time to start talking to your children about financial responsibility? It’s a complicated topic that parents may put off discussing with their kids until later than they should. Being that many adults don’t even fully grasp the abstract complexities of managing their finances, the notion of imparting even the basics to their children seems like a daunting task. Luckily, TODAY’s financial editor Jean Chatzky recently published a book on that very subject, “Not Your Parents’ Money Book,” and sat down this morning with Matt Lauer to discuss how to communicate about practical money intricacies with your kids. Have you had the money talk with your kids? Do you have a child sorely in need of a financial tutorial? Watch the video below and get in touch with us over e-mail, and Jean Chatzky may reach out to work with your child.
Talking with your kids about money
When exactly is the right time to start talking to your children about financial responsibility? It’s a complicated topic that parents may put off discussing with their kids until later than they should. Being that many adults don’t even fully grasp the abstract complexities of managing their finances, the notion of imparting even the basics to their children seems like a daunting task. Lucki