Although 83% of U.S. adults said parents are the most responsible for teaching their children about money, 31% of American parents never speak to their kids about the topic, according to a survey from CNBC and Acorns.

Last week, the subject came up on Northwestern Mutual’s A Better Way to Money podcast, which featured social media star and owner of Stur Drinks Kat Stickler and Northwestern Mutual vice president and chief portfolio manager Matt Stucky.

“I love and respect my parents, but we didn’t really talk about money ever — I never saw them talk about money,” Stickler told Stucky during the conversation. “It was taboo. It wasn’t brought up once.”

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According to Stucky, parents can instill strong money management skills like any other good habit.

“It just takes a lot of repetition — things like saving, investing,” Stucky said. “I’m not going to teach my 4-year-old about investing, but just the idea of if I save a dollar, that means I can spend it down the road on something that I really want. That takes a while to sink in.”

Money might not have been a regular topic of discussion while Stickler was growing up, but the entrepreneur says her mother did show her the value of a dollar in other ways: repurposing old jeans into shorts or empty butter tubs into containers for school lunch.

In addition to talking to their kids about money, parents can lead by example when it comes to smart financial decisions.

“There are new risks that are now in the equation of being a parent,” Stucky said. “Things like, What if something happens to me; what if I can’t work anymore? How does that impact my child’s financial life?“

Navigating those uncertainties means planning for big-ticket items, according to Stucky. Stickler, who has a young daughter, said she’s already taken some key steps to secure her future: setting up a will complete with a month-by-month timeline and establishing funds for healthcare and school — and even one for clothes and toys.

Related: What Your Parents Never Taught You About Money

According to Stucky, parents should leverage today’s circumstances for tomorrow’s success.

Stucky recommends setting up a 529, to which you can contribute funds for education, and a Roth IRA for your child.

“[With a Roth IRA], you are able to contribute on their behalf up to the child’s earned income amount or the current contribution limits of $7,000, and the dollars come out tax-free after age 59 ½ or if they need to use it for a qualifying life event,” Stucky explains. “It’s a way to set up your children for their retirement, as well as support generational wealth.”

Parents might also consider a Uniform Transfer to Minors Account (UTMA), which has no limit on the amount that goes in and allows them to retain control until their kids reach 18-21, depending on where they live, Stucky says.

Related: Shark Tank’s ‘Mr. Wonderful’ on Teaching Kids About Money: ‘Put Their Noses In It, Like You’re Training a Puppy’

Finally, Stucky recommends the “often overlooked option” of permanent life insurance for your child.

“The policy will pay a death benefit someday so long as the required premiums are paid,” he explains. “In addition, policies accumulate cash value, which your child could access during their lifetime.”

Three Mile Island, the three-mile nuclear station near Harrisburg, Pennsylvania, has been closed since 2019. Now the island is set to reopen by 2028 to power Microsoft’s data centers, which are foundational to the tech giant’s AI and cloud computing businesses.

Constellation Energy, the owner of the power unit, announced the 20-year deal on Friday, which involves Microsoft buying energy from the restored plant. Restarting the plant means a $1.6 billion investment to revive it, ensure everything is up to date, and obtain the necessary permits and licenses. The payoff is significant though — the plant could create 3,400 new jobs directly and indirectly, and add $16 billion to Pennsylvania’s GDP.

Microsoft’s decision to turn to nuclear power is a sign of the high amounts of power required for the AI boom. According to Bloomberg, AI has increased demand for carbon-free electricity — and Microsoft’s move to purchase nuclear energy for 20 years, the first agreement the tech giant has signed of its kind, is the latest move to meet that need.

^{Three Mile Island. Credit: Getty Images}

Since the agreement was announced, opinions have been mixed about how to proceed. Pennsylvania Governor Josh Shapiro supports the deal and wants it “fast-tracked.” Residents of Perry County, Pennsylvania, however, are writing letters to the newspaper noting that the problem of nuclear waste or by-products should be addressed before the plant opens.

Related: How Much Does It Cost to Develop and Train AI? Too Much.

Dr. Michael Goff, acting assistant secretary of the Department of Energy’s Office of Nuclear Energy, stated that the restart was “an important milestone.”

“Always-on, carbon-free nuclear energy plays an important role in the fight against climate change and meeting the country’s growing energy demands,” Goff said.

Three Mile Island was once known as the site of the most serious accident in U.S. commercial operating history. In March 1979, part of the power plant melted down and released small amounts of radioactivity. The incident inspired greater regulations and led to less public confidence in nuclear power in the following decades, though there were no injuries, deaths, or long-term health effects observed from the accident.

As an entrepreneur or business owner, travel might be a fundamental aspect of your strategy to network, expand, or oversee operations. Though, it probably isn’t in your business plan to spend a lot of money doing so. In 2023, Zippia reports that the average business traveler spends $949 in fees.

You could reduce travel expenses such as flights and hotels if you shop around on sites like Expedia or Priceline, but why not let this AI-powered travel app help you book your next business trip? Save 40% to 90% on upcoming trips for life when you get OneAir’s Elite Plan for $69.99 (reg. $790).

Your most affordable business trip yet

Whether you’re meeting partners in New York City or London or flying employees to a company retreat, travel expenses add up. If you’re ready to cut some of those costs down, add up to ten departing locations and specific destinations where you have client-facing meetings or networking events.

Once you’ve entered that information, OneAir’s AI engine will scan and track millions of fares in real-time to alert you to the best deals on economy, premium, business, and first-class flights.

The best part about OneAir (aside from the travel savings it’ll find you) is that you can book flights on its iOS, Android, or web app without being redirected to other sites—au revoir, third parties. And unlike Google Flights or another flight finder, every price OneAir sends you is all-inclusive with no additional costs or fees.

After finding your desired flight, use OneAir to explore deals on hotels and resorts, rental cars, and excursions. You might just save up to 60% on travel accommodations for yourself and your employees and get a wholesale price on sightseeing activities or meals at hip restaurants.

A travel app designed for entrepreneurs

Any business owner knows that time gets away from them, so to help you plan out the details of your trip, OneAir Elite offers 24/7 support for any stage of your travel organization. While you’ll get booking assistance from its AI, you’ll get itinerary help from real people.

No matter where you need to travel for work, you might be able to save hundreds with this app. Grab a lifetime subscription to the OneAir Elite Plan for $69.99 (reg. $790).

StackSocial prices subject to change.