Why is it so hard for us to talk about money? There's a real cultural taboo when it comes to how much money people make, and how they use it. And family units are hardly exempt from the serious lack of communication and openness in this arena, in fact, you might be hard pressed to find someone whose parents really taught them useful skills and knowledge growing up, when it comes to financial literacy.
In this episode of The Talk, I hope to explore some of the reasons we are so reticent when it comes to talking to our kids about money. I start by examining (along with my parents, Shari and Craig), a bit of my own relationship to and knowledge about money management.
I also chat with Melanie Hopkins, a financial consultant, writer, educator, and mother, about the ways our educational systems and predatory money management companies have enabled a lack of useful financial literacy. And about some ways we can start making money and family finances part of natural conversation with our kids.
And I round out the episode speaking with Clayton Craddock about the ways his upbringing, his career as a freelance musician, and his experience as a single father have shaped his relationship with money throughout his life, and about why he plans to never retire.
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