When to Talk About Money With Your Kids

Interview Kathleen E. Owings.

Financial Advisor, Kathleen Owings (BIO below) can discuss when to talk to your children about finances. Should we even talk about private money matters with our kids? If so, is there a good time to start?

Some key points that Kathleen Owings can expand on in an interview:

  • Parents should absolutely talk about money with their kids.
  • Age 5 is a good age to talk about saving.
  • Telling your kids the exact salary you make is a personal decision and a private one.
  • The biggest reason why parents don’t talk about money with their kids, is because they aren’t confident about finances and their own situation.
  • This is a good opportunity to get your own financial situation in order.
  • Get them to start: Give, Save, and Spend Jars.
  • It’s a different generation of kids now. Kids are inundated with information and opportunities to buy (because of technology—access to Amazon, in-app purchases, video gaming, etc.)
  • We need to teach delayed gratificationKathleen E. Owings
    Financial Advisor
    Westbilt Financial Group

Available for Interviews: Kathleen E. Owings.

Kathleen E. Owings was named one of the 4 Under 40 in 2018, a prestigious award given by the National Association of Insurance and Financial Advisors to only four young advisors in the country. Kathleen manages assets for individuals, families, and businesses to the highest standards of fiduciary duty.

Contact:
Jo Allison
PR Managing Editor
MEDIA AMBASSADORS
Success In Media, Inc.
Jo@SuccessInMedia.com

7 Legal Tips for Family Caregivers

Available for Interviews: Glenn Matecun.

Glenn R. Metecun, CELA, is certified as an Elder Law Attorney by the National Elder Law Foundation. Sometimes special occasions like Thanksgiving offer great opportunities to have heart-to-heart conversations with the people we care about. Here are some talking points on how one can engage in a thoughtful and crucial conversation with his or her elderly parents on estate planning:

Talking Points from Glenn Matecun
On Legal Caregiver Tips
:

Many times family caregivers are so busy taking care of their every-day duties, they ignore pressing legal issues that need to be handled. Here are the top 7 legal issues:

  • Understand Your Legal Authority. Capacity is not all or nothing, but generally capacity declines over time. If your loved one has capacity, they may be making financial and medical decisions on their own. If not, they you must understand what legal authority you have to handle financial and medical matters for your loved one.

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