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financial incest

financial incest
 n.Gloss: Telling one’s children about family financial affairs in such a way or to such a degree that they learn too much and become overly concerned. «While experts say the current financial crisis is a good way to discuss economics and the family budget, they also warn parents not to panic around young children who don’t understand and are powerless to do anything about it. “It opens up an opportunity to have discussion with children,” said Rick Kahler, a financial planner and co-author of “Facilitating Financial Tools for Financial Planners, Coaches and Therapists.” “But you don’t want to commit “financial incest”—being alarmist and having inappropriate boundaries with kids.”» —“Crisis management: What to tell the kids about financial troubles” by Peggy O’Crowley Star-Ledger (New Jersey) Oct. 7, 2008. (source: Double-Tongued Dictionary)

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