It makes sense to talk to your children about money, particularly with rising cost-of-living pressures. But it can be a complicated and emotional topic.
Around half of parents don't speak about money with their kids, according to the CommBank Household Spending Intentions (HSI) index. One reason, say those in the survey, is that money is too tight in their household.
There's plenty of anxiety, with one in four people with a mortgage worrying about how to pay it and 52% of Australians feeling more stressed about their finances than they were a year ago,