Bestwifeever
Moderator Emeritus
- Joined
- Sep 17, 2007
- Messages
- 17,774
My family has the stance that money matters are private and it's extremely rude to actually ask someone how much they make/live on.... DD is our executor and in time, we will go over things with her....
Never knew how much our family had, but parents died in their fifties and our inheritance was $0 so not much. Probably not much fun to share information about a low salary or net worth.
We will also go over our stuff with kids later; they are not in line for any life-changing amount that needs to be planned for, they just need to know where it is.
Nothing is more fun than eavesdropping on your preteen kids and their friends and hearing the friends tell everyone how much money their parents told them they make . Actually that could be a problem, when kids think that what they have is their own accomplishment.