Difficult Money Conversations with Family

You’ve heard it and I’ve heard it—never discuss religion and politics. It’s easy to understand why. Some folks hold very strong opinions, and it’s easy to get swept up into an un-winnable argument. Interestingly enough, though, politics and religion aren’t considered the most difficult subjects to tackle, according to a 2014 study by Wells Fargo.

Barely more than one-third of today’s parents report discussing the importance of saving money with their children frequently. And, sadly, about a third have a hard time discussing money with their spouse or partner, and 25% often end up in heated discussions.

Yet, it doesn’t have to be that way. This month, we discuss some suggestions for getting through these conversations cooperatively with your partner, your parents, and other loved ones.

Tracking #1-918507
Music Attribution: Hopeful Start by John Bartman, License CC BY-SA 4.0 (Attribution-ShareAlike License)

Send in your questions!