Should We Be Discussing Money Troubles With Others?

In our culture, talking about money — especially money troubles — can be uncomfortable. Money feels like a very personal topic. And, like discussing politics and religion, it’s a topic laden with the potential for judgment and scrutiny.

Telling others our income or how much we save can come across as egotistical. And sharing our money issues, well, that creates feelings of uneasiness and vulnerability. So we keep our money problems to ourselves.

But should we hide our money troubles from others?

For many, it can seem easier to hide money problems than to face them head-on.

It’s difficult to talk about a topic that feels so vulnerable and emotionally charged. But, while it can be hard to start money conversations, doing so often relieves stress and brings you one step closer to finding solutions.

Why do We Hide Money Troubles?

It’s about more than just money. We avoid talking about money because money represents more than dollars and cents.

How we think about and use money reflects our personal beliefs, values, and goals. It can also influence the power and trust in our relationships. Early experiences from our childhood influence these issues (even if we don’t realize it).