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Reply to "How much do you think kids should know about parents' finances (if anything)?"
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[quote=Anonymous]My in-laws are on top of the ball as far as retirement, but I know my parents are relying on my grandfather's estate for retirement... Ugh. My grandfather is a depression era child, so he saved a lot, didn't spend much when my mom was younger, etc. My dad came from a poor family and first child in his family to attend any type of college (he has his associate's degree). I think their lack of access to money growing up is a huge money they spend like they do now. They've dropped several grand on "little" hobbies over the past month (while they carry around $50k in cc debt). They don't seem concerned about it of course... [/quote]
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