It Pays to Talk - How to Have the Essential Conversations with Your Family about Money and Investing-logo

It Pays to Talk - How to Have the Essential Conversations with Your Family about Money and Investing

Carrie Schwab-Pomerantz

Does your family talk about money? Do your kids understand your money values? Do you and your mate agree on how you spend and invest your money? Do you know if your parents are financially secure? These are the questions that Carrie Schwab-Pomerantz and her father, Charles Schwab, ask at the beginning of this invaluable family financial primer. The authors acknowledge that these are difficult questions but stress that families must grapple with them and come up with answers. Despite the proliferation of the financial news media, money remains a taboo subject in most families. Often the mere thought of talking about money with a family member causes enormous personal stress and confusion. But it doesn't have to be that way. The goal of this father-daughter collaboration is to bring solid financial advice into the context of family, where it can be explored, understood, and implemented to the benefit of everyone. The first essential thing that must happen is conversation, and It Pays to Talk is filled with advice about how to start talking. The authors are both working parents with a combined sixty-five years of knowledge and experience in the investment field. In this book they present a road map that every family can follow as they develop and implement an investment strategy and money-management plan. They begin by covering the fundamental principles that every investor needs to understand in order to succeed for the long term, and then they move on to cover joining forces in marriage; building your family's wealth regardless of market conditions; investing for your children's future and raising money-savvy kids; retirement planning; estate planning for you and your parents; and dealing with the unexpected-insurance, divorce, and investing a windfall. Throughout the book, the authors offer advice about how to start the often difficult conversations that lead to smart decision-making, as well as how to talk gently, intelligently, and respectfully about the many issues that define and shape our attitudes ab

Does your family talk about money? Do your kids understand your money values? Do you and your mate agree on how you spend and invest your money? Do you know if your parents are financially secure? These are the questions that Carrie Schwab-Pomerantz and her father, Charles Schwab, ask at the beginning of this invaluable family financial primer. The authors acknowledge that these are difficult questions but stress that families must grapple with them and come up with answers. Despite the proliferation of the financial news media, money remains a taboo subject in most families. Often the mere thought of talking about money with a family member causes enormous personal stress and confusion. But it doesn't have to be that way. The goal of this father-daughter collaboration is to bring solid financial advice into the context of family, where it can be explored, understood, and implemented to the benefit of everyone. The first essential thing that must happen is conversation, and It Pays to Talk is filled with advice about how to start talking. The authors are both working parents with a combined sixty-five years of knowledge and experience in the investment field. In this book they present a road map that every family can follow as they develop and implement an investment strategy and money-management plan. They begin by covering the fundamental principles that every investor needs to understand in order to succeed for the long term, and then they move on to cover joining forces in marriage; building your family's wealth regardless of market conditions; investing for your children's future and raising money-savvy kids; retirement planning; estate planning for you and your parents; and dealing with the unexpected-insurance, divorce, and investing a windfall. Throughout the book, the authors offer advice about how to start the often difficult conversations that lead to smart decision-making, as well as how to talk gently, intelligently, and respectfully about the many issues that define and shape our attitudes ab
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Does your family talk about money? Do your kids understand your money values? Do you and your mate agree on how you spend and invest your money? Do you know if your parents are financially secure? These are the questions that Carrie Schwab-Pomerantz and her father, Charles Schwab, ask at the beginning of this invaluable family financial primer. The authors acknowledge that these are difficult questions but stress that families must grapple with them and come up with answers. Despite the proliferation of the financial news media, money remains a taboo subject in most families. Often the mere thought of talking about money with a family member causes enormous personal stress and confusion. But it doesn't have to be that way. The goal of this father-daughter collaboration is to bring solid financial advice into the context of family, where it can be explored, understood, and implemented to the benefit of everyone. The first essential thing that must happen is conversation, and It Pays to Talk is filled with advice about how to start talking. The authors are both working parents with a combined sixty-five years of knowledge and experience in the investment field. In this book they present a road map that every family can follow as they develop and implement an investment strategy and money-management plan. They begin by covering the fundamental principles that every investor needs to understand in order to succeed for the long term, and then they move on to cover joining forces in marriage; building your family's wealth regardless of market conditions; investing for your children's future and raising money-savvy kids; retirement planning; estate planning for you and your parents; and dealing with the unexpected-insurance, divorce, and investing a windfall. Throughout the book, the authors offer advice about how to start the often difficult conversations that lead to smart decision-making, as well as how to talk gently, intelligently, and respectfully about the many issues that define and shape our attitudes ab

Language:

English

Narrators:

Charles Schwab

Length:

4h 28m


Chapters

Free Sample

05:00

Introduction
Introduction

03:36


Chapter 1
Chapter 1

07:07


Chapter 2
Chapter 2

06:28


Chapter 3
Chapter 3

04:25


Chapter 4
Chapter 4

13:38


Chapter 5
Chapter 5

01:35


Chapter 6
Chapter 6

01:23


Chapter 7
Chapter 7

10:44


Chapter 8
Chapter 8

02:55


Chapter 9
Chapter 9

06:05


Chapter 10
Chapter 10

02:04


Chapter 11
Chapter 11

04:33


Chapter 12
Chapter 12

01:31


Chapter 13
Chapter 13

01:54


Chapter 14
Chapter 14

02:01


Chapter 15
Chapter 15

06:08


Chapter 16
Chapter 16

07:13


Chapter 17
Chapter 17

09:18


Chapter 18
Chapter 18

08:05


Chapter 19
Chapter 19

02:15


Chapter 20
Chapter 20

09:25


Chapter 21
Chapter 21

03:31


Chapter 22
Chapter 22

02:29


Chapter 23
Chapter 23

01:59


Chapter 24
Chapter 24

01:34


Chapter 25
Chapter 25

10:32


Chapter 26
Chapter 26

02:12


Chapter 27
Chapter 27

07:11


Chapter 28
Chapter 28

01:18


Chapter 29
Chapter 29

01:55


Chapter 30
Chapter 30

02:25


Chapter 31
Chapter 31

01:42


Chapter 32
Chapter 32

02:35


Chapter 33
Chapter 33

01:32


Chapter 34
Chapter 34

00:32


Chapter 35
Chapter 35

05:28


Chapter 36
Chapter 36

02:30


Chapter 37
Chapter 37

05:26


Chapter 38
Chapter 38

04:16


Chapter 39
Chapter 39

05:39


Chapter 40
Chapter 40

02:36


Chapter 41
Chapter 41

01:21


Chapter 42
Chapter 42

01:13


Chapter 43
Chapter 43

00:43


Chapter 44
Chapter 44

01:07


Chapter 45
Chapter 45

00:26


Chapter 46
Chapter 46

01:00


Chapter 47
Chapter 47

04:23


Chapter 48
Chapter 48

08:14


Chapter 49
Chapter 49

03:50


Chapter 50
Chapter 50

02:36


Chapter 51
Chapter 51

01:33


Chapter 52
Chapter 52

05:48


Chapter 53
Chapter 53

01:02


Chapter 54
Chapter 54

03:26


Chapter 55
Chapter 55

02:02


Chapter 56
Chapter 56

01:48


Chapter 57
Chapter 57

04:16


Chapter 58
Chapter 58

08:32


Chapter 59
Chapter 59

00:34


Chapter 60
Chapter 60

02:48


Chapter 61
Chapter 61

04:09


Chapter 62
Chapter 62

01:12


Chapter 63
Chapter 63

01:40


Chapter 64
Chapter 64

01:56


Chapter 65
Chapter 65

01:15


Chapter 66
Chapter 66

01:38


Chapter 67
Chapter 67

02:50


Chapter 68
Chapter 68

02:18


Chapter 69
Chapter 69

10:43


Chapter 70
Chapter 70

04:43