Breaking the 'Money Taboo': Talking About Your Finances

In today's day and age, money is less of a 'taboo' subject than it once was. Progressively more people, particularly millennials, are open to tackling the stigma and breaking that awkward 'money taboo'.

However, over half of UK adults still never or rarely talk about their finances, which, in our opinion, needs to change.

If we become more open with our personal finance, it allows us to improve the way we spend, manage and perceive our money; and even help others around us along the way.

Not only can talking about your money positively impact your financial control, but also your personal well-being and peace of mind.

But how?

We've picked out five of the major factors, that everyone should take note of...


Sure, we're emotionally connected to our finances and they feel personal to us, but by not sharing any of our thoughts or financial worries, it can have negative affects and lead to making poor decisions with our money.

Because of this, sometimes we all need some outside perspective to help us become more efficient on our spend, regardless of how personal our finances feel to us.

Here's an example...

Weโ€™ve all been guilty at some point of being fixated on a particular purchase, whether it be a holiday or an item of clothing. Despite how much it may seem we want it, it may not be an appropriate option in the grand scheme of things.

During this state of tunnel vision, however, there will likely be a peer or family member that can see the grand scheme of things; to give you financial advice that you never knew you needed.

By allowing someone you trust to contribute to your decision, it can give you a bigger picture of the situation, leaving you with no regrets when the decision is properly thought through with multiple perspectives in mind.


Financial secrets can be a huge factor in relationship complications:

26% of UK adults say money is placing a strain on their relationship, whilst 67% of individuals who admitted their financial lies to their partner said it lead to arguments and even divorces.

Some simple trust and communication can dramatically decrease this strain.

By being open and honest about your finances from the very start; not only do you have the opportunity to work together to enhance your financial well-being, but you'll also have someone there to talk to for advice and an outside perspective.

It's 2018, which means there are hundreds of apps, tools, platforms and software to help you with your finances. Financial management can now be fun. Crazy, right! And what's better than having fun? Having fun with someone you trust.

Ask yourself... what would you prefer?
Working together to drive towards your financial milestones with help from your tech-savvy products; or keeping secrets, avoiding the issue and forever perceiving your finances as a burden.

Opening up in your relationship whilst taking advantage of innovative tech can completely change your perception of financial management, and we highly recommend that you give it a try.

Goal Setting

Goal setting, for many people, is an integral part of managing finances. Whilst it acts as a driver to budget monthly, it allows us to work towards something we really want, to get the most out of our money without inefficient spending habits.

There are many aspects to consider when setting targets for your money, but one of them undoubtedly is to share the goals with others.

If you're open about your financial targets, particularly with the ones you trust, your chances of achieving these goals will dramatically increase.

Here's why:

  • They can keep you on track ๐Ÿ“ˆ

  • They can rationalise the realism of the goals ๐Ÿค”

  • You can discuss the goal with them: is it really worth it? ๐Ÿ’ฐ

  • They can give you their insight on your budgeting plan - remember what we said earlier: the more perspective, the better! ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ


Bottling up issues and problems, in any instance, can cause stress and mental strain. Talking to people about any stress you may have is important for resolving and/or rationalising the situation; financial issues are no exception.

Talking to someone about difficulties with your finances shouldn't be embarrassing, rude or any other feeling that you may have attached to it.

Not only is there nothing wrong with asking for help or advice, but it's important as it helps us to avoid making any impulsive financial mistakes - which can easily happen in stressful situations.

This doesn't go to say that you should jump to employing a financial advisor, but simply talking about it to anyone that you feel comfortable with, goes a long way when rationalising issues, gaining some peace of mind and taking steps to improve and solve the problem.


The more you reach out and collaborate with others in regards to finances, you will undoubtedly learn more along the way.

There are hundreds of saving, spending and sending techniques out there which only grows day-by-day. The more techniques, tips & tricks you know and are familiar with, the easier it will be to decide on what works best for you, for you to then implement.

If you strive to learn from others, you will progressively become more comfortable with talking about your finances, before you realise it's really not as taboo as you may have originally thought.

Not sure where to start? Join online communities and forums like MoneySavingExpert. Read, engage and learn!

So there you have it, our top tips on how you can veer away from that awkward 'money taboo'.

Our question for you:

Are you personally comfortable with talking to your friends or family about your finances?

We'd be interested to find out! ๐Ÿ‘‡

Curve is the only card you need to carry. It simplifies your financial life by connecting your accounts to one smart card and one even smarter app. Click here to sign up for free ๐Ÿ’ณ๐Ÿ“ฒ

Charlie Paris-McKenzie

Digital Marketing Apprentice at Curve

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