A 2017 survey from T. Rowe Price that analyzed parent attitudes and behaviors associated with youngsters' financial habits showed that positive money behaviors "rubbed off" onto their offspring. Conversely, troubling financial habits were often found when parents had a troubling history with money.
Northwest Indiana-based advisor Greg Hammer came on "Regionally Speaking" on Monday to talk about that survey and offered some common-sense tips that can establish positive habits and minimize the negative ones.