“You don't talk about money. ” Everyone of us has heard this sentence more than once. Unfortunately, this sentence has stuck in a lot of people's heads — but at least one person loses Klarna survey It is slowly becoming more important among younger generations. Yet many adults still feel uncomfortable talking to others about their finances. According to the Klarna survey, a third of Germans never talk about their personal finances.

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Money is not only a taboo subject for strangers, but also often in immediate vicinity. And that starts early on: For example, parents talk too little about money with their children, although this is extremely important at an early age, as our financial habits are already manifested at the age of seven to nine years. But even in partnerships, finances are no easy issue. According to one questioning At Tomorrow Bank, every sixth person (15%) finds it difficult to talk about financial topics in the relationship. After all, there is a loud study There is now more openness from ElitePartner, even though this is more due to negative trends such as high inflation and increasing concern about maintaining one's own standard of living.

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But why is it actually so important to talk about money? After all, you could well say that your own finances are now really private. But talking about money certainly has advantages:

1. Talking about money has been shown to increase financial well-being, particularly among people with financial concerns.
2. It reduces deficiencies in our financial literacy because we learn new things, receive advice and tips, or receive new information.
3. We are getting more transparency. For example, discussing salaries with our colleagues prevents us from selling our labor below value. Or it protects us from unpleasant surprises, for example in the event of a divorce or the death of a loved one.
4. It makes us care more about our finances.

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But the existing social taboo of money and the resulting psychological hurdles unfortunately mean that many people are not sufficiently concerned with their finances today. However, this would be absolutely necessary, especially in view of the current pension situation. We need more financial interest and personal responsibility. But we only get that if we don't make finances an unpleasant taboo, but empathetically facilitate access to financial knowledge and tools. Talking about money is an important step towards financial independence here.

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At the same time, it is important to break up gender differences here too. Women generally talk about money less often than men. This is already apparent at a young age. A survey of young adults (16 to 25 years) of comdirect showed that every second young man likes to talk about finances, but only every third young woman, although there is certainly interest. One factor in this is also the fact that parents are more likely to pass on financial knowledge to sons than to daughters, meaning that girls talk less about money even in families. Of course, other factors such as level of education also play a role. It is clear that, above all, there is also a need for more visible female role models who talk about money and thus motivate others.

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The conclusion is obvious: Let's talk money! And we all have to touch our nose and carefully approach financial talks in the surrounding area. Assuming knowledge, bragging or a condescending manner is out of place here. We can only benefit from questions and exchanges. Empathy and tact are also required, as finances can certainly be emotional. Even though the beginnings may be unpleasant, the benefits of talking about money are obvious.