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Do you discuss with your children about your investments?

Feb 9th, 2008 by Lilian

I have wonder if parents are open about the amount of money they have in the banks, the properties they own and all the worldly materials they have? Do they talk to their children about it?

I do. I feel that our lives are not a permanent thing. I have seen couples just wiped off the planet earth, leaving their kids behind. So, I want to make sure that my children are aware of where we keep our money, how we invest in them, what benefits we will get in future and how we manage our money. I even told my sons who is my webmaster, what to do if they need to retrieve information about my blogs and what they should do in the event that we are gone suddenly.

It may sounds morbid but I prefer them to manage whatever is left behind than to leave it to relatives. Who knows, the person we trusted may not declare what we own? So, it is all open communication in my family. Of course, I hope none of these need to be dealt with because I want to live till old age and they won’t ever need our money. I may even stash a huge amount of silver and one day, use the money to pay for my life in the Swiss Alps.

So, I pray that God will be kind to my family and let us have a normal family life till old age.

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