• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Dinks Finance

Dinks Finance

Personal Finance By and For Couples

  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Smart or Selfish
  • Couples Finance
  • Make Extra Money
  • Build Wealth
  • Blogroll
  • About

It’s OK to Talk About Money

July 22, 2010 by Kristina Tahnyak 5 Comments

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:

  1. 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.
  2. 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.
  3. 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)

Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

Filed Under: Money Management, Savings, Wealth

Reader Interactions

Comments

  1. benjamin bankruptcy says

    July 23, 2010 at 3:21 am

    My grandfathers advice on talking about money was “never tell people how bad or how good it is”.

    He came from a family where if you had some extra money and someone was short (generally through drinking it) you were expected to give it to them.

  2. Tim says

    July 24, 2010 at 1:35 am

    You Canadians…obviously not a french canadienne, because faux-pas = misstep, not DO NOT as a literal translation. A literal translation would more resemble not done vice do not.

    i don’t think it was a matter of being ashamed to talk about money, as it was about not comparing yourself with others. unfortunately the social convention turned out far from not comparing yourself with others, and became about lying to others through the demonstration of your wealth or non-wealth.

    the real reason we should freely talk about money is because we should have confidence in ourselves and our lives, with what we have and have yet to achieve.

    i agree, no one likes a bragger, but no one also likes an accumulator. no one likes to hear about other people’s hardships unless they are doing something about it. it comes off as telescoping sympathy and whining. sometimes advice is unwanted, unwarranted, and too much. sometimes listening is good.

  3. Pauline says

    July 24, 2010 at 11:37 am

    Faux-pas means “false step” or “mis-step”, not “do not”.

  4. Kristina says

    July 24, 2010 at 6:52 pm

    Thank you Tim and Pauline for your comments. I verified with my boyfriend Nick (who is European French) and he did confirm that the literal translation of faux pas is to mistep such as stumble. I stand corrected. I guess over the years, us, Anglo Canadians have used the phrase as a warning of something to no do, or don’t do. Thanks again.

  5. Tim says

    July 25, 2010 at 10:25 am

    we can forgive you Kristina…after all you are a nation full of loonies = crazies (not that weird sounding bird at my lake). I cannot believe you had to verify from your euro french boyfriend (who probably googled it anyways) instead of taking Pauline and my word for it ;o) a faux-pas is something that social convention says you should not do, because it is a misstep, so the logic of you anglo canadiennes is the same as the rest of the world (you all aren’t that special :p) you just went to the effect vice the cause.

Leave a Reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

 

 

Couples Finance

  • What Dave Ramsey’s Take On marriage Is Missing
  • Tips For Newly Married Couples
  • Getting Together, Getting Hitched
  • Prenup Basics
  • Manage Your Money Together

Great Finance Blogs

  • My Stock Market Basics
  • Cafe Credit
  • Clever Dude
  • Modest Money
  • Mighty Bargain Hunter
  • Frugal Rules
  • Young Adult Money
  • Money Talks News
  • Saving Advice
  • Peer Finance 101
  >> Our *entire* blogroll

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

7binaryoptions.com: Your one stop information source for trading binary options.

Get the Latest Coupon and Discount Codes at Freecouponcodes.net.

The best cheap web traffic that comes in handy for your website traffic needs.

Shop till you drop and discounted offers with Shopee promo codes.

Compare business electricity prices at utilitysavingexpert.com

cheap shopping online at DHgate.com

Footer

Get Started

  • Make Money As An Amateur Photographer
  • The Pros and Cons Of Mutual Funds
  • Building Wealth On $600 A Month
  • Yes, You can Buy An Oil Well
  • Kimball Musk’s Net Worth
  • Nine Ways To Make Extra Money

Explore

  • Home
  • About Us
  • Contact Us
  • Facebook
  • Pinterest
  • RSS
  • Twitter

COPYRIGHT © 2020 Dual Income No Kids DinksFinance.com is a District Media site.