There’s not one “right” way to talk to your child about finances; the only mistake is avoiding the topic altogether. Many of us were taught that discussing money is taboo, even within families. While complete financial transparency is not always necessary, open dialogue is. Money conversations are different in every household because of unique family dynamics, history and financial makeup. It’s worth taking the time to figure out which approach makes sense for you and your family.
1. Distill your motivation for giving. Before drilling down into the specifics of your giving plan, start with the big picture. What is it that really inspires you to be charitable? Begin this process by reflecting and reconnecting with those experiences that instilled in you a desire to give back. Are you motivated by a