Despite its importance, money is one of the most avoided topics in families. A Fidelity survey of 1,900 adults ages 18 and up found that 56 percent said their parents had never talked about money with them.
The reason? In some cases, parents may wish to protect their children from financial stress. There’s also a possibility that kids don’t want to pry or seem greedy. And, somewhere in the middle, sits an awkward silence that can leave everyone unprepared when decisions have to be made.
