Hi All,
Many people don’t feel comfortable talking about money. This happens for a lot of reasons. The wealthy often view discussions of money as pedestrian. Others don’t talk about their financial problems out of shame or embarrassment. Some aren’t discuss matters out of ignorance, others aren’t interested and therefore don’t know what they are missing.
This really is a shame. You have nothing to lose by talking about your financial situation. Open and honest dialogue can help you to understand your own psychological dynamics regarding money, or help to illuminate aspects of the wealth building process that might be optimized. Think about how much more efficiently we would invest and build wealth if we were more open about it?
Bottom line: its beneficial to talk about money, you’ve got nothing to lose and everything to gain by discussing it.
Best,
James
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DINKS (Dual Income No Kids) Finance is a blog discussing personal finance for couples. While by no means financial experts, we own a variety of assets including real estate and stocks. We've been up to our eyeballs in debt and have made tons of financial mistakes. However, we've successfully retired that debt and we both do learn from our failings. We hope that our voice in this blog can help others in achieving their goals!
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