This is one inheritance you don't want

You're at risk of making the same financial mistake as your parents

You may have received a big inheritance, even if you’re not aware of it: How you handle your money.

Economics professors at the University of Copenhagen have found that if a parent was in default on a loan at the end of the year (their study looked at data from 2004 to 2011), the chance of default for their children was more than four times as high as for those whose parents were model financial citizens. And that’s across all levels of parental income, loan balances and other measures, including that of intelligence.

The study analysed about 30 million personal loans held