Sign-up for our newsletter and join us on our mission to save as much money as possible!

This Is How Much People Hate Talking About Money (Spoiler: It’s A Lot)

Leah Bourne
August 26, 2019

We talk a lot out about how people hate talking about money here at The Money Manual (don’t worry, the irony isn’t lost on us).

Well, the specifics of it are pretty frightening. EMoney, a financial planning software company, conducted a study on this topic, and had some pretty interesting findings.

Per the survey, 57% of U.S. adults avoid talking about their personal finances with friends. 43% feel stressed or embarrassed talking about their personal finances. A whopping 20% say that they never talk about money. Ever.

And here is what people hate talking about the most when it comes to money:

  • Their bank account balance (34%)
  • Salary (22%)
  • Credit card debt (18%)
  • Retirement savings (9%)
  • Investment choices (9%)
  • Student loans (8%)

Here are some more interesting findings:

We’ve said it before, and we’ll say it again, talking about money is important. The first step of getting out of this pattern is admitting you have a problem. The next step? Take a minute today to break this taboo. Tell a close friend how much you make. Have an honest conversation with your partner about money. Talk about your 401(k) with a few people you’ll trust. Trust us, you’ll get something from the conversation.

Feature Image: Twenty20

Hold on!

We aren’t done helping you make and save money! Swipe for lot’s of ways to connect with us so you never miss a single one of our money tips or tricks. Your wallet will thank you.

In need of some daily motivation to get your finances on track (who isn’t)?

Follow us on Instagram.

Follow on Instagram

Join our community “Let’s Talk About Debt” for support and expert help around all things debt.

Subscribe to our YouTube channel for money saving app reviews brought to you by our editors.