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Set up bank accounts with them when Natwest brought in the 'piggy' savings banks - gave them options: a weekly comic or saving towards a skateboard; school trip or flashy trainers; etc

It’s not a difficult topic for us. My three ACs all know that I will only give to one if I give to the others, and so they know the top limit for that. I have a bank account into which I pay a small amount each month and AC1 is co-signatory for use in case of my death or severe illness until legal issues can be sorted. The other two know this and are quite happy with it. No need for a card.

We're open about money, and as a family we have always been careful with spending within our budget. For my mother in law, we do most of her banking and shopping, so have full access to her finances which she is happy about.

Giving children their own money to budget for what they want makes them far more responsible I feel. I see other people's children who were given whatever they wanted and several of them think that money grows on trees and have got in serious trouble later in life. Lead by example I'd say...

Bills and, if possible, savings first then spend when you see what you have spare but not just for the sake of spending. We’ve always been open about our finances and they are open about theirs, so far. As for our elders it’s been a tricky subject but we have tried . In the end we just hope and anyway you never know, we might not be the ones left to sort out their finances.

My parents brought us up with enough understanding about the need to save for things we wanted, rather than get them on the 'never never' as they called it.
I think it then helped that at 16 I went to work in a bank so saw first hand the pickles that people could get themselves into financially. Bank rules were stricter on lending or extending credit to staff than they were to customers - ensuring I couldn't stray from the financially secure path! I remember distinctly wanting to book a flight to New Zealand, age 19 and the limit on my credit card not being large enough to pay for it - I had to have three interviews with differing managers before they would agree to increase it!?!
So, I've always been open with my two kids as they were growing up about money, debt and financial responsibility. I hope it will serve them well.

As regards parents, mine were always very private about money but since Covid they seem to be more worried about putting things in order and making sure we know where things are, just in case.

With hindsight, I wish I had been more upfront and open about finances as I think it would have been beneficial to one of my children. Another one however, with the same upbringing, seems much more financially interested and savvy. Life can be mysterious!

My parents never discussed finances.
I've helped my children out when it was needed and I could afford it. I managed all our finances but discuss all that I do with DH as I move money around to gain interest. Not so much these days though.

I have had the talk with my children, always budget and look online for money saving tips online, save hard.

My parents didn’t discuss their finances with me and I don’t discuss our finances with our children. Ours have had their own accounts and an allowance since starting secondary school. They have made mistakes and spent unwisely but learned from that and are now fairly responsible with money.

Tell them to save and not spend on unnecessary things.

Talk easily with my husband and very jointly involved with finances but definitely harder with wider family. We try to be open with our children as they grow up to understand the value of money and not take things for granted.

Give my child monthly allowance since secondary school so she could learn to manage it such that the allowance can last the whole month with some saving.

We don't really. I know my mum helps my nan but I find it quite embarrassing discussing money. I'm probably wrong, but that's how I feel.

I deal with all the day to day finance and partner relies on me for advice on investments etc. We have separate bank accounts and divide bills equally. This is a second relationship for both of us so find that easier for dealing with decisions on who inherits what in the future

We just chat quite openly so never a problem

The trouble is everyone is different. I have 2 grown children and one is really good with money and one is not - and they have been the same since they were very young. So even though they were brought up the same, with pocket money and allowances etc, their personalities still played a big part. They both seem OK now though so I am happy they can cope with life going forward.

When making my will I found it difficult to talk to my children. Clearly some of my GC will have more parental financial support than others. Reflecting this in my bequests is in no way a measure of my love for every one of them.

I taught my children to save any pocket money they have to buy the items they want.

I advised them to open a monthly savings Account when they started working and showed them how to budget. Their savings was a great help when they wanted to buy their own flat.

Thank God, they are all pretty sensible.

Well I live alone so it’s not a worry, but I do have chats with my grown up kids about money management and to be fair they do well. Ty xx

We are open about money, it’s a typical topic of conversation, we budget well together and know what’s coming in and out, thanks

I try to make them think sensibly rather than just spend it all. I’m hoping my daughter takes it in

there is only my son to deal with things when my time is up, I worry about this so much. no other family. I have explained the money that will be his and what to do to arrange 'pure funeral as seen on tv ads. how can i stop worrying.

We've always talked about it quite openly, so have never felt like it is a taboo or awkward subject.

As the bread winner I managed all the money in our household because my husband retired some years ago. Now however, due to the pandemic my business has closed down so I am constantly telling my husband to switch of lights and TVs when he leaves the room. Shopping is easy to manage as my husband is shielding so I buy what we need, not necessarily what we want. I also advise my son about saving for a mortgage although this often falls on deaf ears!