The first step in working together
as a family is knowing where you stand. Parents
and children often have very different ideas about money. To see where your family
stands, complete the following worksheets.
Children should fill out the family
profile for children. Parents should complete the family
Complete the profiles separately. When you’ve finished, discuss your answers.
Did you notice a difference in the responses to the profile? Often parents and
children view money matters differently. Parents might believe they are being
open, while children believe that family money matters could be shared more.
Children might believe they are responsible with money, while parents believe
their kids could improve.
Discuss your answers together and see where you stand. If your answers are different,
share why. You might find you have a lot to learn from each other!