Money can be a touchy subject. Sometimes it's hard to talk about money issue, and that's true whether you have just a little bit of money… or a whole lot of money.

For example, have you had the conversation about who will be your estate's executor? Who is going to take care of your money, and your family, when you're gone?

Do you have the right amount of life insurance?

Do you have a mentor? Who do you turn to for trusted money advice?

Are you mentoring others? Are you helping those who aren't as financially literate as you are?  

When it comes to money, conversation is everything. You simply must be open and honest about your money issues with the people in your life you love and trust the most.

In this week's episode, I give you a few tips on how to approach the various types of crucial money conversations you need to have to make sure you and your family are on the path to economic freedom.

Plus, we just closed the books on July, and it was another move to the upside for equities. This week, we start the show with a quick rundown of all the major market sectors in both equities and bonds. If you want to know what the hot sectors were in July, this show is a must.