Many of us parents are so busy working that, we may not be thinking about the importance of financial planning. Some parents may even think that since they are not millionaires, finanical planning does not apply to them. However, that is simply not the case. It is highly advisable to have your "financial house" in order. Even if you are in your 30's, or younger, it's never to early to start planning for "retirement".
I've learned that children are like sponges. They soak up information, both "good" and "bad". Quickly too! The good news is that we can conscientiously choose what information they receive in most cases.