Different Generations Lead to Different Attitudes Toward Money

You typically do not speak to your 76-year-old mother, your 42-year-old sister, and your 15-year-old daughter in the same way. And that is not simply because of your different relationships with them. Age is a factor that we seldom focus on when we think about how we communicate with the members of our family about money and everything else.

We are living in unprecedented times. As a result of medical breakthroughs, people are living longer. That means that many of us are in families or workplaces in which multiple generations interact.

We have the “greatest generation,” or those who were born before 1946, who lived through two world wars; the invention of cars, movies, and airplanes; ...

Get THE M WORD: The Money Talk every Family Needs to have about Wealth and their Financial Future now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.