Download It Pays to Talk: How to Have the Essential Conversations with Your Family About Money and Investing AudioBook Free
Does your loved ones talk about money?
Do your children understand your money values?
Do you as well as your mate agree on how you may spend and invest your money?
Do you know if your parents are financially secure?
These are the questions that Carrie Schwab-Pomerantz and her father, Charles Schwab, ask at the start of the invaluable family financial primer. The authors acknowledge that these are difficult questions but stress that families must grapple with them and come up with answers.
Despite the proliferation of the financial press, money remains a taboo subject generally in most families. Usually the mere thought of talking about money with a member of family causes enormous personal stress and confusion. But it doesn’t have to be that way. The purpose of this father-daughter collaboration is to bring solid financial advice in to the context of family, where it can be explored, understood, and implemented to the good thing about everyone.
The first essential thing that has to happen is conversation, and It Pays to Talk is filled with advice about how to get started on talking. The authors are both working parents with a combined sixty-five years of knowledge and experience in the investment field. On this book they present a road map that every family can follow as they develop and implement an investment strategy and money-management plan.
They start by covering the fundamental principles that every investor must understand to be able to succeed for the future, and then they move on to cover joining forces in marriage; building your family’s wealth no matter market conditions; investing for your children’s future and raising money-savvy kids; retirement planning; estate planning for you as well as your parents; and dealing with the unexpected—insurance, divorce, and investing a windfall. Throughout the book, the authors offer advice about how to get started on the often difficult conversations that lead to smart decision-making, as well as how to talk gently, intelligently, and respectfully about the countless conditions that define and condition our attitudes about money.
It does pay to talk. This valuable and expert book are certain to get you started and help you at every stage of your family’s investment career.
From the Hardcover edition.
