Is Money a Taboo Topic?

Tuesday, March 16, 2010 - 08:59 AM

We're running a 10-week series we're calling the Do-It-Yourself Bailout. This week we're looking at why it's so hard to talk about money issues. What about your personal finances do you find it hardest to share with other people? Is it how much debt you have? How much you get paid?

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Comments [3]

Laura S from Colorado

I am the one in our household who takes care of all the finances. I was never properly trained as a young person the best ways to save, pay bills, etc., so now in adulthood I am learning these things, but too late. We are deeply in debt and since my husband has a "hands off" approach to our finances, I feel the burden of our debt sits on my shoulders and that I am responsible for it all. I always feel like the bad guy when I tell anyone in the household that we cannot buy something or go somewhere. I finally disclosed to my husband this weekend how far in debt we are and I'm glad I found this site, because I'll definitely be taking notes and hopefully he will work with me to get our finances moving in the right direction!

Mar. 17 2010 11:08 AM
Garry O from Maryland

I don't find it difficult to discuss money and finance. Instead I love to talk about it to the younger generation who have been caught up in this "spend with disregard to your future" culture that has so many in serious debt today. Sharing simple formulas of debt free success with them is the only to educate them and steer them clear of on of the biggest producer of stress.

Mar. 17 2010 09:07 AM
cls pdx from Portland, Oregon

I find it difficult to discuss the fact my husband and I are NOT in financial distress, that we have saved diligently, that we both have good solid jobs we are not in jeopardy of losing. I feel guilty for our good fortune (although it is partly due to our conservative spending & investments--no cable TV, no expensive cars & vacations, vegetable garden, public school, etc.) I never tell my friends how much we make.

Mar. 16 2010 03:14 PM

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