How to talk about money with your partner, parents, and kids

Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s the best ways to start the money conversation, and avoid a fight. Hosted by Frances Cook.

This episode is brought to you by Milford Asset Management. 

Money is the great unspoken force in many of our lives, making certain things possible, and keeping other things out of reach. 

But there’s huge power in starting to talk about it, especially with those we’re close to. 

If you’re coupled up, it’s really important to be on the same page as your partner, to make sure that you’re not accidentally sabotaging each other. 

There’s more than one way to successfully share your finances, but the key is, you do need to know what your strategy is. 

There’s also the matter of talking to your kids about money, or even your own parents. 

These money conversations can be crucial, but also so hard to have. 

We all bring our own baggage to the conversation, which can make it more likely for emotions to flare up. 

For the latest episode, I spoke to Kate Power from Milford Asset Management

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