Why Money Talks Are Harder Than Politics or Religion

A recent survey reveals that 61% of Americans feel uneasy discussing their bank account balances with family or close friends.

Money: The New Taboo

Talking about money is more awkward than discussing politics or religion, according to the survey. Nearly half of U.S. adults feel uncomfortable talking about:

• Credit card debt
• Salary

This discomfort surpasses the unease people feel about discussing:

• Weight
• Political views
• Love life

Why the Discomfort?

Christine Benz, a financial expert, suggests that money is tied to many important aspects of life, such as:

• Education
• Retirement savings

Talking about money can help people make better decisions, Benz argues.

Generational and Gender Differences

• Younger people are more open about money matters.
• Women are less comfortable talking about money, possibly due to historical exclusion from family financial decisions.

Breaking the Silence

Benz suggests joining communities where financial topics are discussed to become more comfortable talking about money.