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Do you talk about money? Maybe you should.

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A man with a dollar bill taped over his mouth.

I read an article that said the social taboo about talking about money is one reason why so many of us have difficulty learning to handle our finances.

New York Times: We’re All Afraid to Talk About Money. Here’s How to Break the Taboo.

The article was very persuasive. There’s no doubt that we avoid talking about money in social situations. To do so makes us look crass, greedy, uninformed, nosy or materialistic. And no one wants that.

So we don’t talk about it. But as a result, we can’t learn from each other.

No one wants to appear ignorant of something they think they ought to know. That’s one of the reasons we keep quiet.

I work at a financial institution, so occasionally my friends will ask me a specific question, or I’ll have relevant background to share if we discuss a financial item in the news.

To get past our resistance to speak requires a bit of courage; a willingness to take some risk.

One way to start is to remember:

Everyone can learn to be better with their money. Between saving, borrowing, spending, shopping, earning, giving, and investing, everyone has made at least one financial decision they would change if they had the chance.

What about you? Would you save more? Borrow less? Change your spending habits? Be more intentional about your goals? Make different investment choices? Change your career?

If the answer to any of those questions is yes, then there is someone who would benefit from hearing your story. Don’t be afraid to talk about it.

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