News article on the importance of breaking the money taboo

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Posted by lenona321 on May 28, 2009, 12:39 pm
 
That is, the taboo on talking about it with relatives, especially.

http://www.fool.com/personal-finance/saving/2009/05/26/everyones-spilling-their-guts-are-you.aspx

Excerpts:

Stop keeping your mouth shut
People are loosening up, and that's a very good thing. The price we
pay for keeping mum about money is much too high. Kids repeat the
credit card sins of their parents. Coworkers settle for lesser raises
than they might be entitled to. Heartache and unanswered questions
come up when relatives pass on without clarifying their final wishes.

It's a lot better to be a free (cash flow) spirit, and spill your
checking-account secrets -- when and where it makes sense.

Now, don't get me wrong. I'm not advocating throwing manners out the
drive-through deposit window. There's no excuse for being an obnoxious
braggart or a nickel-and-diming dinner guest. Don't brag. Don't pry
when it's clear someone's uncomfortable. And don't blab about other
people's finances. (Yes, Miss Manners does indeed have a few rules
about keeping money conversations pleasant.)

However, there are times when you really should put it all on the
table.

(snip)

Lenona.

Posted by Rod Speed on May 29, 2009, 3:22 am
 
lenona321@yahoo.com wrote


http://www.fool.com/personal-finance/saving/2009/05/26/everyones-spilling-their-guts-are-you.aspx


Nope, just times when you should spell out what makes sense to those who cant
work out the basics for themselves.

Thats nothing even remotely resembling anything like putting it all on the
table.



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