Talking Money with Family
Caution is advised
Money Alchemist Podcast EP 21 - Talking Money with Family
There was a lot to discuss with family this Thanksgiving. The election, stocks ripping, the return of crypto mania, and of course the evergreen subject of ‘the culture war’. In many households Thanksgiving takes its shape as thoughtsgiving as outspoken opinions crowd out any notion of contentment.
Few things can be as goading as that one relative who works in their trading fortunes into any conversation, conflating luck with genius. You’ll definitely know by the end of the conversation how much they claim to be worth. You’ll also know who will be the least generous person come gift giving season in a month’s time.
This begs the question, what money topics are appropriate to discuss with friends and family? When should you be cautious and when is a good time to disclose? These are not simple questions and the answers require nuance.
About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
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