Why It's Important to Talk to Your Children about Your Financial Plan

As my children grow older, I grapple with a mix of emotions -- some sadness and nostalgia for when they were small enough to sit on my lap, but above all, excitement for them to learn and experience life on their own. Both of my sons are in college now, and a large part of the transition they are making to adulthood is related to how they engage with and take responsibility for their finances.