26/05/2021
Interesting idea, isn't it?
In a survey of 1,202 American adults conducted by Capital Group, home of American Funds, and one of the world's leading investment management firms, survey participants ranked financial topics such as household earnings, retirement savings, debt and inheritances as the most taboo topics of discussion.
"Most Americans agree that talking about their finances is a social taboo. It's time to break that habit and inspire new, productive conversations about money, saving and investing," said Heather Lord, senior vice president and head of strategy and innovation at Capital Group. "Small changes in how people talk about their finances can yield significant returns over time. Confronting the money taboo head-on is one way to create a more financially secure future for one's self."
This is a very interesting idea, which we believe all of us should look into - are we comfortable speaking about our finances? If so, great- but if not...Why not?
What is your stand on this topic? Let us know in the comments!