Speaking with your family about money can be touchy.
According to a recent study, almost half of all Americans say money is the most difficult thing to talk about — even harder than death, politics and religion.
Although such conversations can be stressful, talking about money can actually strengthen finances and relationships. TCU’s free, online “Family Conversations About Money” course can help to get the ball rolling.
The program offers insights on how to discuss finances with your partner and offers age-appropriate topics to introduce with your kids. It provides guidance for adult children to communicate about money with their aging parents, and reinforces the habits that can help anyone strengthen their finances and discuss the subject in an honest, understanding and productive way.
Like other difficult topics, it’s best to address finances directly and respectfully with your loved ones — and TCU’s free, online program helps make that easier.
This article is for educational purposes only and doesn’t constitute tax, legal or accounting advice. The following is general information, not recommendations. Please consult with an attorney or tax professional for guidance.