This may come as a shock to you: The holiday season is a great time for a family money talk.
Sure, you may want to avoid politics, religion and sex chats at your Thanksgiving or Christmas meal – but money should be on the table as a potential topic of conversation.
“I think it’s actually a very good idea,” says Keith Rauschenberger, an independent fee-only financial advisor and president of Rauschenberger Financial Advisors in Elgin, Illinois.
Heck, conversations may spark organically during the holiday feast as older family members survey their progeny with misty eyes and contemplate their financial legacies. And even if they don’t start naturally, it might be wise to gently push the mealtime talk in a financial direction.
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Posted by Arnaldo Rodgers on 9:09 am, With 0 Reads, Filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.