I don't think it's heredity, so much as when you have one parent advocating the mantra of save and plan, while the other is advocating spend and borrow, the latter is the easier path. Certainly exercising self-restraint is more difficult, so it's much easier for kids to follow the self-serving short-term view.
Luckily my wife and I very strongly trying to instill better values in my son when it comes to finances than we were taught.
Luckily my wife and I very strongly trying to instill better values in my son when it comes to finances than we were taught.