Financial matters are a conversational taboo — but they shouldn’t be
I remember a movie from the 1980s called “St. Elmo’s Fire.” In one scene, one of the characters decided it would be appropriate to only whisper certain words at a party that she didn’t consider “dinner-table material.” They were topics like “drugs” or “cancer” or “prison.”
In my role as a financial adviser for families, I often find that the biggest hurdle they face is getting to a place where discussing money is something they feel comfortable doing. Having these conversations in a time before an emotional moment happens — think the death of a beloved grandparent — can be one less thing to deal with during those times of sadness.
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