The worst thing you can do is to avoid or delay the talk. Teaching kids about money may mean breaking generations of family tradition making it a taboo topic. Your parents and grandparents never had to face the kinds of personal financial responsibilities that we face, and our children will continue to face. They may not have known better, but we do. It is our responsibility to prepare our children to handle money well. In fact, closing the much lamented Black Wealth Gap requires us to see to the financial education of future generations as well as commit to improving our own financial literacy.