JW’s Financial Coaching Podcast Lesson #39-How to talk about money with your peers

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Highlights of today’s show:

  • How to talk about money amongst your peers
  • Why talking about money is so taboo
  • How talking about money can encourage you and your peers
  • Talking about money the right way and the wrong way
  • Discount through May on the “You graduated from college . . . now what?”

Supposedly there are three things you aren’t supposed to bring up in conversation: 1.) Politics 2.) Sex 3.) Religion But I think a fourth thing needs to be added to the list: money. On today’s show we share why we have a tough time as a culture discussing money. I feel that one of the reasons why we struggle with finances in our nation is due to our inability to talk about money properly. However when we do talk about money we make it awkward. Here are some things to do and not do when discussing money with your peers.

Do

  1. Talk about YOUR past and present
  2. Be proud of your accomplishments
  3. Realize that you won’t agree with everyone on how to handle money

Don’t

  1. Ask someone point blank how much they earn
  2. Ask how much someone has in debt
  3. Tell people what to do with their money

I asked on Twitter why money is such a taboo subject to discuss and I got the following response. Please let me know your thoughts by following me at JWFinCoaching

Finally if you know of someone who recently graduated from college or if you did so yourself, you might want to check out the “You just graduated from college . . . now what?” coaching package. This package will help guide you on developing a system to handle your money, help you get the first big job, and show you how to eliminate Sallie Mae. It includes one-on-one coaching with me, an audio book outlining ways to set up your financial house, an eBook, and other audio lessons on young adults and money. This normally runs for $199 but can is on special through the end of the month for $159.

You can subscribe to future podcasts through FeedburnerStitcher SmartRadio, or iTunes. Or you may listen to the podcast on the JW’s Financial Coaching Facebook Fan page. In addition, if you have enjoyed the show for a while now, please leave a review of the podcast on iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. There are two ways to get in touch with me: 1.) Email me at JWFinancialcoaching@gmail.com – Please put “podcast” in the subject line and keep your questions brief so they are readable on air. 2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

You can find prior editions of the podcast at the podcast archive page.

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