Psychology behind why older people hide their wealth from their children: It has nothing to do with trust or selfishness

Psychology of older people hiding wealth: Elderly Indians often hide financial details from their children. This secrecy stems from a desire for control and fear of becoming a burden. Past scarcity experiences also shape their cautious approach to money. Parents aim to protect family harmony and their provider identity. Open conversations about health and care can alleviate financial anxieties.

Raccontata daeconomictimes.indiatimes.com