Originally Posted by
exfocx
With all due respect Bed alot, why? Xeptu, how did your son get to be 35 yrs old and not know any of that? Did you not talk to him about politics etc as he was growing up, about voting and why and how the system works?
I'd have though this is what a parent does as any normal part of raising your offspring. Finance, how it works, IRs, CCs Vs personal loans, saving Vs debt. Politics, as above.
No actually, you do pass on things (generally what you know or learn)
My kids have been exposed to a lot - I guess they have learnt some stuff.
But none of the stuff you listed are general topics of family conversation, my kids know roughly that I have a will and where my money can be found (via a broker) but no details other than a rough amount and what I wish they would do with it.