Talking to your children about money is another important conversation to have.
If they are young then this will clearly take more of an educational form, showing them the day-to-day basics of managing money, but perhaps more importantly giving them the correct mindset in terms of the value of money and the importance of living within their means, having savings for a rainy day, and also having one eye on the longer term.
If your children are adults, then the conversation may be more of a two-way dialogue: how might you be able to help them, and also what are your hopes for the future and how does that interact with your children's financial planning.
