I admit, I'm struggling with this one. Help/suggestions are appreciated.
So, I am a widow with two young adult sons (24, 21) at home. I admit they know next to nothing about my financial picture.
they do know about how much we spend to live as my late husband and I felt strongly about them learning about living expenses and how spending effects the family.
Both are college students, my oldest has a learning disability (Asperger's) but he does ok.
LOL, they are great kids, my youngest is not the poster child for responsibility which I'm afraid to admit because it always seems on internet boards everybody else's kids are mensa candidates that were mature from age 6.
So do I keep the information "general"? show them where the will, insurance and other papers are or do I let them know dollars and cents? (younger son would start entertaining ideas of blowing his inheritance on a stripper named Cinnamon but that's another story)
So, I am a widow with two young adult sons (24, 21) at home. I admit they know next to nothing about my financial picture.
they do know about how much we spend to live as my late husband and I felt strongly about them learning about living expenses and how spending effects the family.
Both are college students, my oldest has a learning disability (Asperger's) but he does ok.
LOL, they are great kids, my youngest is not the poster child for responsibility which I'm afraid to admit because it always seems on internet boards everybody else's kids are mensa candidates that were mature from age 6.
So do I keep the information "general"? show them where the will, insurance and other papers are or do I let them know dollars and cents? (younger son would start entertaining ideas of blowing his inheritance on a stripper named Cinnamon but that's another story)