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Conversations about money can be difficult. We don’t like talking about it. Close to half of us would rather talk about sex, drugs or politics than the dreaded M word.
Yet these conversations are some of the most important ones to have. The more you open up and talk about money – even the really difficult conversations – the better your life and relationships will be.
Not talking about money can be a source of stress, anxiety and unnecessary problems for many families. Personal finances are intertwined – how we handle money affects those around us, and vice versa. Our partners' money choices have an impact on us and our financial future. We’re in this together.
Getting on the same page means we can set shared goals. And we can protect our financial lives as we move in and out of relationships.
Unsure how to start the money conversation? Below you’ll find resources to help you get started, including tips on how to get a good outcome and share money goals, and what to do if the conversation gets tricky or doesn’t go as planned.
So many good things come from talking about money.
Money talk can do great things for a relationship, especially if you get on the same page and choose goals to work towards.
There’s no judgement, just positive planning in order to grow a future together.
Parents and carers play a crucial role in building kids' confidence with money. There's a direct link between what you do and what your child’s long-term financial behaviour will be.
Many of kids' long-term money attitudes and habits start to form by the age of seven! The sooner you start to talk with your child, the better.
Five easy ways to talk money with children 10 money strategies for super savvy kids Why do we give kids money again?Did you know that Sorted is now available in schools and workplaces? These are new, informative and safe spaces to talk through money choices and find ways to get ahead. Find out more on how to get involved.
Does your school have it yet? Sorted in Schools Money stressin'? Get to work. Sorted at WorkSorted editor Tom Hartmann explains why it’s important to talk to your kids about money. The financial expert has some sound advice when it comes to fiscal responsibility.
https://www.facebook.com/watch/?v=775300549552768
Did you know 3 in 10 people don’t talk to their kids about money? And almost half of adult children don’t raise the topic with their parents.
https://www.facebook.com/watch/live/?v=391809461537515&ref=watch_permalink
Kiwi coupledom is a morass of financial intrigue, deception and gaping silences. Nearly one in six adults with a partner said they did not discuss with their partner how much they earned...
https://www.stuff.co.nz/business/115575079/money-secrets-why-do-so-many-couples-avoid-talking-about-money
They say keeping secrets can kill a relationship but it can also present a difficult dilemma when it comes to talking about money and how much you earn.
https://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=12265548
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