Alarming statistics include the fact that 50 percent of Americans have less than a month’s worth of savings for emergencies. One in four of us have no savings whatsoever. More than half of us have no budget. Credit card debt averages $15,000. That is the tip of the fiscal iceberg. While this debt looms, no one is talking about it. Here are some ideas to get the conversation going: 1) Create a list of questions you need answered. 2) Find a qualified expert to provide those answers. 3) Include your family in the discussion. 4) Look for community help. Most importantly, get started now!
Read the entire article here: The Conversation You’re Not Having, but Should Probably Start
Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.