As published on LinkedIn as part of the SheMoney monthly newsletter.
I have been having a lot of difficult conversations lately, and many of them are about money. Despite how much I read and write about this topic, I still have a lot of work to do when it comes to my own relationship with my financial resources. And as it turns out, it’s not just me. I know this because over the past several months, I have asked friends of different ages and financial circumstances to share the difficult money conversations that they have either had or really need to have with their loved ones. And every day, that list keeps getting longer. To date, the range of topics covers every possible category of life, including education, family, friendships, dating, marriage, investments, and so much more.
For example, a friend entering into a serious relationship wondered when it was the right time to talk about money values with her prospective partner. Another friend, who is in the everyone-is-getting-married phase of her life, doesn’t know how to tell her friends that she really can’t afford to be a bridesmaid or attend a destination wedding. A very wealthy woman told me that she stopped asking her husband about their financial situation years ago, and now she doesn’t know how to ask about it without fear that her husband will think she does not trust him. I could go on and on.