How to talk to your parents about money
Asking your parents about their finances may seem strange, especially if it was a taboo topic when you were growing up. While it may seem like just yesterday that they were teaching you to ride a bike, times change. Today, you may have to be the one to take charge.
“It can be an awkward and unnatural experience,” says Rhian Horgan, CEO and founder of Silvur, a retirement planning app. “Growing up, it may have been impolite to talk about money at the dinner table.”
While it may seem like you’re being nosy or overstepping, you’re actually making a wise and proactive decision; by understanding their goals, debts, documents and other details about their financial lives, you can get on the same page today and into the future.
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