Young people view managing money as a symbol of maturity and independence. Discussing personal finance with them shows that you see them as responsible young adults. To help ensure a successful conversation, keep these tips in mind. Approach the discussion with a positive attitude. Set a tone of confidence, openness and trust.
Laughter always helps.
Lighten the mood with a joke. Make it an equal exchange, not a lecture. Ask plenty of questions, and listen carefully to the answers. Don't talk down. Don't bring up old financial disagreements you may have had with your children.