Courtney Burrell, 37, grew up in a household that felt a bit like the CNBC newsroom.
Her parents expounded cheerily about stock picks and savings, scanning the business pages as the ticker scrolled past on the television screen behind them. From an early age, she knew what percentage of each parent’s salary went toward their 401(k) retirement accounts.
“Money was always in the conversation,” she said.
Parents of the Ward and June Cleaver era didn’t talk much with their children about money. But that taboo has gradually faded, and subsequent generations have raised families in households brimming with financial lessons.
Nearly three-quarters of millennials, born between 1981 and 1996, grew up in families that talked about money, according to a recent survey and report from Forbes Advisor. By contrast, only 41% of boomers recalled talking to their parents about finance.
Most millennials grew up in families that talked about money: Most boomers did not
Burrell, a millennial Coloradan, credits her parents with inspiring her career. She works as a financial professional at Empower, a financial services company.
“As long as I can remember, I’d get a check for my birthday,” she said. “And I always hated getting money for my birthday because they’d always make me go to the bank with them and deposit the money immediately.”
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The Forbes Advisor survey and others point to this general rule: the younger you…
