It may be because I work in Finance but I have never been shy to talk about money. My friends also all work in finance. We are used to dealing with money, therefore we are all very open about money.
We discuss everything including when we are broke and how we are planning to spend our next quarterly bonus. When I say I’m broke it doesn’t mean that my bank account is at 0; it just means that I have already spent my disposable income this week.
Historically it has been a faux-pas (literal translation Do Not) to discuss money in public, outside the walls of our private homes. However, in more recent years and especially since many people have fallen into hardship because of the global economic crisis; it has become more accepted to discuss money with others.
My whole life revolves around money. This is what I do for a living; I help people plan their money. My sister Tara also works in the financial services industry, therefore she is also very open about money. My sister and I discuss money with our parents all time. We especially discuss personal finance with my Dad because he has recently retired. My Dad is currently adapting to his new financial life on a fixed income.
In my opinion people should not be ashamed to talk about money. Whether we don’t have any money, if we are working towards building our personal wealth, or if we are swimming in our millions, people should be open to the discussion of money.
Here are 3 reasons why it’s OK to talk about money:
- Be proud of what you have accumulated, but don’t brag about it. You worked hard for it, but one wants to talk with a self centered bragger.
- Do not be ashamed about your bank account. If your current financial situation is less than a millionaires do not be shy to discuss your hardships. Many people (I’m sure) are also living through the same situation, and therefore we can learn from the experiences of others.
- Advice is priceless. Before people make a decision they like to discuss their options with others. It is ok to give your opinion on the subject of money, even if you are not an expert. It may be nice for people to hear the opinions of other people and not their financial advisor. In the end we all make our own financial decisions.
(Photo By TaniaSaiz)