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Why we should talk more about money
While discussing how much money people make with each other is generally considered a taboo, in this piece Maurie Backman suggests we should be talking more about money, especially with family. He also suggests opening up more with friends and possibly seeking out a financial adviser. A new study by Capital Group states U.S. adults are “more apt to talk about marital conflicts, mental illness, drug addiction, politics, and religion before broaching the topic of money.” The study also notes just 35% of Americans talk about money with their friends and peers. Read the full piece here and to find out why Backman states not talking about money often can lead to mistakes in managing it.