Talking About Money With Family

Sat, Aug 28, 2010

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Go to the source: Total Survivalist Libertarian Rantfest

I have had some success talking about money with family. I talk about money with family members who have had success and made choices that I desire to emulate. People who have paid off houses at accelerated rates or had success with real estate or been able to retire comfortably or whatever. Typically these folks are older though not always. Obviously they must be trusted or you wouldn’t get at all specific on things. Of course there are many family members with whom I would never talk money. Maybe it would lead to awkwardness or disagreement or envy or whatever. Just not something that I would do.

I had a great conversation with my Grandmother awhile back. It was just a rambling conversation that ended up on the topic of money stuff. We end up talking about this stuff because in addition to doing well money wise we are pretty like minded in conservative financial stuff. She had some real good advice and also validated a lot of what we are doing.

Getting advice and having discussions with people you trust who have done well is just good sense.



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