Talking finances with family during Thanksgiving

WFTXPublished: November 16, 2017
Published: November 16, 2017

The Thanksgiving holiday is a time when families gather, but you can also use it as a time to talk finances. Local financial professional James Gallagher has some tips for using the holiday to cover finances with your family. Finances are a big taboo for many families. 40% of retirees report they haven't discussed any finances with their kids. You can use Thanksgiving as an opportunity to have a family meeting. Make sure you keep the conservation simple at first. You should talk about legal documents, healthcare protection, income and expenses and your financial records.

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