How to talk about your family's wealth to your children

It’s easy to get caught up in stories about someone’s net worth or how much money they’ve made, but that’s not usually where the real value is.

The more important conversations are around understanding how investing works, how superannuation works, how different structures can improve tax efficiency and why starting early matters.

For young Australians especially, even understanding what’s inside their super fund and how compounding works can have a bigger impact than knowing how much money someone else has.

Financial education isn’t about comparing balances. It’s about building the knowledge and habits that help you create wealth over time.

General advice only.

Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).

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