I Love You, I Spend a Lot [INFOGRAPHIC]
It seems you can’t turn on the news without hearing at least one story about money. Saving, spending, debt, budgeting…the topic of finances is everywhere, except, however, in the homes of consumers. According to a recent Harris Interactive survey conducted on behalf of the AICPA to promote the new consumer book Save Wisely, Spend Happily, only 14% of Americans identify financial problems as something they would feel comfortable discussing. What’s more, 28% say they have no one to ask for financial advice. When it comes to family and finances, shouldn’t loved ones be allies?
Have you witnessed financial secrets within families? How do you encourage financial honesty to your clients?