How much money does your partner or best friend make?
What’s your parents’ or children’s net worth?
Most of us can’t answer those questions because most of us don’t like talking about money.1
In fact, most folks would rather talk about politics, their health, and their relationships before they tell you about their finances.1
And many aren’t talking to anyone about money at all.2
Why?
Some of us don’t want to make others uncomfortable by bringing up what we have. And most of us simply didn’t grow up talking about money.2
That taboo can create a bubble of silence around money talk. And it can skew our perspective and feelings about money.1
It can also prevent us from ever really getting to know our own money personality.
We all have a money personality that’s distinct to us. It’s shaped by genetics, our individual experiences, and other factors.3,4
And it affects everything from how we feel about money to how we choose to use it.
It can also open up ways for us to improve our relationship with money and learn how to make better financial choices — no matter how old we are or where life takes us.
P.S. When was the last time you had a serious talk about money with someone? How did it make you feel and what did you take away from it? Hit “comment” and share your story with me. I’d love to hear how you talk about money and what those discussions are like for you.
1 - https://www.ncrc.org/the-atlantic-why-so-many-americans-dont-talk-about-money/
2 - https://mint.intuit.com/blog/planning/this-is-how-many-people-dont-talk-about-their-finances/
3 - https://www.cnbc.com/2021/04/28/7-money-personality-types-and-the-pitfalls-of-each.html
4 - https://wellbeing.lifeworks.com/newsletter-content/understanding-and-improving-your-money-mindset/