Day Seventy Three Cents and Sensibilities
Arguably, money is the last subject that remains truly taboo. We rarely tell others what we make, how much debt we have, or how much we've amassed in savings – and, if the subject comes up, we'll often shade the truth to make ourselves look better. This is not healthy.
Today's task: Talk to your spouse, children, or parents about either their finances or yours. Amazing things could happen. Maybe you'll get new insight into your spouse's money worries. Perhaps your parents will open up about their finances. Maybe you'll spark your children's interest in investing – and start a dialogue that better prepares them for the adult world. Perhaps most important, you might be motivated to fix your own finances, so these conversations are not an embarrassment but a source of pride.
- Yes, I've had an honest conversation about money with my family.
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