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Millennial Money: How to discuss family finances in a crisis | News, Sports, Jobs

This article was provided to The Associated Press by the personal finance website NerdWallet. With 10.7 million Americans out of work as of November 2020 (and 3.9 million of those workers unemployed for 27 weeks or more), many have been forced into having tough money conversations as a result of the pandemic. Whenever your life changes significantly, it’s a good time to check back in on your financial plan, because things like marriage, divorce, a new baby or a career change can profoundly affect your household’s situation and cause you to rethink who is responsible for what. Whether you share expenses with a roommate, a partner, adult children or parents, now is an especially good time to talk about money. Here are some ways to ease into these difficult conversations.

When crisis strikes: How to handle family talks when money s tight

With 10.7 million Americans out of work as of November 2020 (and 3.9 million of those workers unemployed for 27 weeks or more), many have been forced into having tough money conversations as a result of the pandemic. Whenever your life changes significantly, it’s a good time to check back in on your financial plan, because things like marriage, divorce, a new baby or a career change can profoundly affect your household’s situation and cause you to rethink who is responsible for what. Whether you share expenses with a roommate, a partner, adult children or parents, now is an especially good time to talk about money. Here are some ways to ease into these difficult conversations.

The Day - Millennial Money: How to discuss family finances in a crisis - News from southeastern Connecticut

Email Submit With 10.7 million Americans out of work as of November 2020 (and 3.9 million of those workers unemployed for 27 weeks or more), many have been forced into having tough money conversations as a result of the pandemic. Whenever your life changes significantly, it’s a good time to check back in on your financial plan, because things like marriage, divorce, a new baby or a career change can profoundly affect your household’s situation and cause you to rethink who is responsible for what. Whether you share expenses with a roommate, a partner, adult children or parents, now is an especially good time to talk about money. Here are some ways to ease into these difficult conversations.

Pandemic money: How to discuss family finances in a crisis | News, Sports, Jobs

Sara Rathner With 10.7 million Americans out of work as of November 2020 (and 3.9 million of those workers unemployed for 27 weeks or more), many have been forced into having tough money conversations as a result of the pandemic. Whenever your life changes significantly, it’s a good time to check back in on your financial plan, because things like marriage, divorce, a new baby or a career change can profoundly affect your household’s situation and cause you to rethink who is responsible for what. Whether you share expenses with a roommate, a partner, adult children or parents, now is an especially good time to talk about money. Here are some ways to ease into these difficult conversations.

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