In a lot of our families, money talk can feel… tricky. Some households are super open like everyone knows each other’s salary and plans. Others treat it like a secret topic that never makes it to the dinner table.
For a lot of couples or adult kids with their parents, opening up about every little detail whether its income, savings, debts – can feel like a weird mix of relief and a tiny “uh-oh, what now?”
And plenty of families just skip the talk altogether to keep things easy.
How’s it for you? Do you swap numbers and plans with your partner or parents? Or keep finances to yourself to avoid drama?
Has that style built more trust, or ever caused awkward moments?
How does your family talk about money – open chats or total silence?
byu/Novelty_Wealth ininvesting
Posted by Novelty_Wealth
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Partner knows everything.
Kids know the budget and which parts of it they are allowed to spend but not net worth or income. Expenses are discussed openly. Kids have spending limits and their own money and some birthday money invested for learning purposes.
Adult Parents (our parents) are on a need to know basis. Share things with them openly if it comes up but don’t go into details. Don’t volunteer information.