<prompt> Human: Ive always been curious about how this works in other families. I am 18 and my parents keep my older brother and I pretty much in the dark about their finances. We know my mom makes good money and they have somewhere near 2 million saved for retirement but details are few and far between. How much, if any, do you tell your kids?  <response>: When my daughter was 3, I began giving her all my loose change every day. I was a bartender and preferred bills, so I just kept the coins for her. She learned about counting and money. We frequently discussed savings, spending decisions and credit. Yes, starting at 3.I gave her the opportunity to increase her income by performing chores that had assigned values. I never took control of her money; the decisions were always hers, provided she could support them with rational explanations.She kept to her goals, and when she was 13 I helped her invest her savings so that she could learn about the stock market. At 15, she got her own checkingsavings accounts and credit card.I was the example of what NOT to do, and I never hid that fact. My personal finances were never a secret; they were a cautionary tale. I wanted her to know how crucial her financial choices were. She is the most fiscally responsible person Ive ever known, and has far surpassed any wisdom I tried to convey. 