We Need to Talk About Money

Dan Kresh |

We Need to Talk About Money

Talking about money can feel uncomfortable, and that's because it’s often seen as a taboo topic. This awkwardness makes it hard for people to discuss finances openly, and it can lead to problems. Here's how this taboo creates a cycle that keeps us from getting better at money conversations and how we can start changing things.

How the Money Taboo Creates a Cycle

Many people think talking about money is rude or intrusive. This makes everyone feel uncomfortable and embarrassed when the topic comes up. The ability to talk about money is a skill, all skills become easier with practice. Without practicing, money talks can feel awkward and hard to navigate.

Sharing more about our financial experiences would help all of us learn more about how to use money better. If we don’t talk about what works or doesn’t work, we’re more likely to make the same mistakes others have made. This lack of shared knowledge keeps us from improving our financial habits.

Avoiding money discussions means myths and wrong ideas about finances can spread. Without open talks, people may stay confused or make poor financial choices because they don’t get the right information.

Why It’s Important to Normalize Money Talks

The more we talk about money, the easier it gets. Just like practicing a sport or a hobby, discussing finances regularly helps us get better at it. Over time, these conversations will feel more natural. When we talk about our financial experiences, we can learn from each other’s successes and mistakes. This shared knowledge helps everyone make better financial decisions and avoid common problems.

Talking about money openly helps remove the shame and embarrassment that some people feel. Knowing that others have similar financial struggles can make people feel less alone and more willing to ask for help.

Simple Ways to Start Talking About Money

Keep It Casual: Start money talks in a relaxed way by sharing your own experiences or asking simple questions about how others manage their finances. This approach makes the topic less intimidating.

Host or Attend Informal Meetups: Arrange or attend casual gatherings or discussions about money, like the brunch we are hosting on September 28th, where people share their financial goals and tips in a friendly environment.

Share Useful Content: Post articles, videos, or blog posts about common financial questions. This can spark conversations and provide material to discuss.

Create Welcoming Spaces: Foster environments where discussing money is encouraged, such as financial workshops, online groups, or social clubs where open discussions are supported.

Be Open About Your Finances: Share your own financial habits and decisions openly. This can motivate others to do the same and help normalize money discussions.

Use Everyday Scenarios: Incorporate money talks into daily conversations. For example, discuss how you budgeted for a recent purchase or ask others about their financial decisions.

By making small changes in how we talk about money, we can help break the cycle of financial taboo. This will lead to better financial decisions and a more informed and supportive community. Let’s start talking about money more openly and help everyone get better at managing their finances!

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You can find out more and RSVP for our Yummy Omelets & Year-End Opportunities Brunch here: https://financeinsights.net/l8eKh2KnNTJKjDYSP8xmNF1rV7N? 

Be sure to include how many are attending when you RSVP, you are encouraged to bring guests!