How to Talk Finances With Family (and Why It's Important)
Summary
A survey found that 62% of people do not discuss money with their loved ones, so Yanely Espinal, director of educational outreach at Next Gen Personal Finance, joins TODAY to share advice on how to start those important conversations. Tips include focusing on values and financial goals when discussing money with other adults, asking high school children about their financial literacy curriculum, and introducing concepts of budgeting and foundations early in a child’s life.
Description
A survey found that 62% of people do not discuss money with their loved ones, so Yanely Espinal, director of educational outreach at Next Gen Personal Finance, joins TODAY to share advice on how to start those important conversations. Tips include focusing on values and financial goals when discussing money with other adults, asking high school children about their financial literacy curriculum, and introducing concepts of budgeting and foundations early in a child’s life.
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