Over the past couple years I like to talk about money. I really want to help people, talk about certain stocks, see what others are looking into or buying and different passive income sources. Sadly talking about money is so taboo. Why is that? Its like sex some people can talk about it while others quickly want to change the subject.
Manly Man – Men in tights?
Recently I went out for a regular poker night at a hockey buddies place. Our group ranges in age between 25 – 55 to give you and idea that it’s not just a certain age bracket. One of the guys works for kraft- heinz so I asked if he got stock benefits and what not. Suddenly 2-3 of us were talking about stocks while the other 6-8 were sitting there looking at us weird. I started talking about CVS, how I think its a great buy at the moment with its recent pullback, good yield and great dividend increases. One guy stopped everything and said your like the monopoly guy knowing all this. They all laughed and the conversation quickly went in a different direction.
Now I already know how people tend to not want to talk about money but a couple of us were really shooting the shit. It was clear only the 2-3 of us really knew a thing about investing. This week at hockey after the game one of the guys pulled me to the side and started asking me a bunch of questions and admitted he didn’t know much. He didn’t have much saved up for his retirement either. A lot of his money these days went to his kids schooling because he didn’t fund his kids resp. No one in his family talked about money with him, so he was kinda clueless. Now I will start helping him and be his cheerleader off to the side.
With all my hockey buddies we talk about sex and that stuff but money oh no way! I truly boggles my mind. I understand if you are broke and strapped for cash so you try to avoid it, but what if you didn’t? Surely you would learn a thing or two. No one’s great at anything overnight, it takes time. I feel I’m good at our finances but not yet great. There’s still tonnes to learn for me, especially Options.
A couple of my real close friend’s, I can talk about money or different income idea’s with. The others clearly don’t want to learn or talk about it. Can’t force anyone’s hand. You can just hope they see the changes in your life and start to ask a couple questions and learn.
I openly listen to the Dave Ramsey Podcast on my phone speaker in my jacket at work. Employees are now used to it, some like it some hate it. haha. Sometimes clients will overhear the podcast and ask me what I’m listening too. Occasionally they are really impressed, its good to see someone learning about money they state. (Then we might talk a little about what they did to get their million dollar home) I feel some clients get offended – this guys listening to a show about money while working for me. He’s only in it for the money. I’ll be honest for some people I am, some people look down on landscaper’s. He’s all dirty. Ewwww. Hahaha!
Sunshine and Rainbows
I always talk about finances with my family and friend’s. Just like the ladder some people quickly shoot it down. I can’t do that, must be nice, living the dream, all sunshine and rainbow’s eh? I feel by at least starting the conversation it might open their mind and let them know when they are interested, I’ll gladly help them or talk about finances.
This online finance community is a fantastic way to talk to people, bounce idea’s off and learn. I’m glad I decided to join it. I love reading all of your posts. Check out some great people in the community here.
I really wish money wasn’t so Taboo, I think the world would be a different place. Do you notice the same things? Is there certain people you can really engage about finances with?
Hey I’m Rob, creator of Passive Canadian Income.
In 2011 me and my wife had almost $60,000 in debt and a negative $7,000 Net Worth. Through hard work and financial education we paid all that off. Now we are focusing on increasing our Passive Income Streams to make the money work for us. Feel Free to Follow along the Journey by clicking the Social Media links below or subscribing to get notified of new posts on the sidebar.