article by Bessie Hassan, Head of PR & Money Expert, at finder.com.au
Australians are more comfortable talking about sex and politics than they are about money, according a new survey. Money is a topic off limits for nearly half of the population, the research showed.
The survey found 42 percent of those surveyed find personal finances the most difficult thing to talk about, even more than religion (40 percent), sex (38 percent) and politics (23 percent).
Just 18 percent of Australians regularly discuss money. Baby Boomers (aged 55-74) are the least comfortable generation when it comes totaling about money, with 56 percent never discussing it.
“Many in that generation were raised to believe that talking about money is rude or impolite and those are hard attitudes to shake,” says Ms Hassan.
Australian Talking Topics
Generation Y (aged 18-34) are the most likely to talk about money – with one in three (33 percent) often discussing personal finances. “We all need to be careful about what information we share – obviously keep specifics like account numbers or passwords private. But sharing ideas on how to save money or managing finances can make a big difference in people’s lives,” she says.
Top 3 reasons to talk about money
Message from CAtherine
Occasionally I come across an interesting article to do with Home Loans. I thought I'd share some of these with you here.