Having the Financial “Talk” is Important for All Families

It’s the conversation that many families put off. It’s the talk between husband and wife; the talk between partners; the talk between parents and kids, and the talk between elderly parents and their adult children about family finances. It’s a conversation that we don’t necessarily want to have, but one that every family should have.

On today’s episode of Your Money, Your Matters, we will discuss why it’s important to have the financial “talk.” We will dialogue on how honest and open communication about family finances can help you avoid financial mishaps. We’ll explore how unrealistic expectations can lead to making poor financial choices. We’ll examine how not knowing the difference between wants and needs can lead to out of control spending, and we’ll look at what it means to live within your means.   

Your Money. Your Matters is a weekly show broadcasting every Tuesday from 11 a.m. to noon Central Time. The program features radio personalities Linda Webb-Mañon and Rick Grady, Cornerstone Credit Union League; Courtney Moran, Cornerstone Credit Union Foundation, and Todd Mark, Consumer Credit Counseling Services.

Each week, the four discuss financial issues of most importance to consumers. Tune in; share your thoughts; or gain helpful advice.