My family has been more open about how much everyone earns, what they pay for rent, and so on. Since I was little I remember having a shared feeling of “being in this together financially”, even though we never were poor. I expect this openness to decrease once our salaries diverge significantly, if that happens.
Thinking about this makes me wonder:
How do you talk about inheritance, if you don’t talk about financial stuff? Let’s say you’re 2 kids and will inherit your parents appartement once they die. If you don’t know how much this appartement is worth and how much of the mortgage is paid off, how can you possibly plan your own financial life around this inheritance?
Iff you knew that you could inherit this appartement when you’re 45-55 years old, maybe it makes less sense to buy one yourself and more sense to rent. It would also require you to set aside some amount to pay your sibling for their part of the inheritance. Etc.