Infographic: The money topics your kids wish you'd talk about
Children crave credit card, banking information
By Kristin McGrath and Juan Rodriguez
Nearly three-quarters of parents are having regular conversations about money with their children. Their children, however, don't think these conversations are enough, according to a March 2013 survey from investment firm T. Rowe Price.
While more than half of parents said they included their kids in discussions about shopping and family vacation planning, just 39 percent said they involve them in discussions about family savings goals. And the kids know they're being left out: 64 percent said they knew parents were avoiding talking about family finances with them.
The chart below shows other money topics kids wish their parents would be more open about. They are particluarly interested in credit cards.
To use the graphic on your site, use the following code:
Published: May 7, 2013
- Generations differ on spending extra money – Millennials go for entertainment with discretionary dollars, Generation X pays off debt and boomers sock it into savings, new research says ...
- Many prefer debit for everyday buys, credit for the big ones – For many, debit cards lead credit cards as a primary payment method, a TD Bank survey finds. But for big-ticket items, nearly all groups prefer credit cards ...
- Infographic: Cards gain ground as payment method – Fewer Americans are using paper-based payments in 2016, while almost all plastic and electronic forms are on the rise ...