💨 Abstract

Discussing money with loved ones remains challenging, with topics like salary and debt often avoided. However, studies show that open money conversations can lead to better financial decisions and reduced stress. Experts suggest approaching these talks with careful timing, honesty, and a focus on shared values. Practical tips include discussing finances before moving in together, addressing financial difficulties calmly and honestly, and planning money talks with aging parents by focusing on positive legacies.

Courtesy: Rosie Murray-West