Last week we got or first Family Financial Meeting. I was a little nervous, because we never did that. We have kids 5-10 years old. We want to give them a good start. I got the ides from Dave Ramsey: the financial peace planner. While there was just a comple of paragraph about it. I took what was there. I did some modifications to it. Here how it look like. I hope it give you ideas to plan such meeting in your family. It's better to discuss about it than to be surprised with problems. I plan to do it once a month. It took a quick 30 min.
Discussions point (just ideas)
(Q=Quicken) Report and graph.
I think it is great to have the kids start to understand savings at such a young age. I can also see some advantages to the kids knowing the realities of the family situation. As they get older it will become more relatable and hopefully they grow to being responsible with money.
My wife and I do our own version of "meetings" twice a month when we work on the bills, review our accounts. Less formal for sure but it works for us.
Good luck with your goals, Ramsey is a little too on the conservative side of budgeting for me but I have listened to his show and certain aspects I agree with. He is a little dated on certain ideas, IMHO.
Family financial meeting, great idea. We can't count on the education system.