"Despite progress in mental health awareness and financial literacy, money remains one of the most difficult topics for people to discuss. A 2024 Bankrate survey found that Americans think money is more taboo to talk about than politics, religion or even weight. The resulting silence isn't harmless; it fuels stress, conflict, and disconnection in relationships. I know this from personal experience."
"After the divorce, I realized I could no longer afford to avoid finances. Taking responsibility as a single mother was daunting but ultimately empowering. I began to talk openly about money with friends, advisors, colleagues, and, eventually, my new partner. Today, my husband and I share equal responsibility for our finances, with transparency, systems, and ongoing dialogue that now includes our adult children. Talking about money no longer feels scary; it feels liberating."
A 2024 Bankrate survey found Americans view money as more taboo to discuss than politics, religion, or weight. Silent money attitudes create stress, conflict, and disconnection in relationships. Avoidance often stems from early money messages and financial shame, and can produce denial, overspending, under-planning, and relationship breakdown. Women face disproportionate effects from money avoidance, losing confidence and opportunities. Embracing open conversations about money reduces anxiety, strengthens relationships, and improves well‑being. Transparent financial systems, shared responsibility, and ongoing dialogue support healthier finances and relational resilience. Corporate trainings report roughly one in four professionals identify with money avoidance.
Read at Psychology Today
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