Grandpa had two rules:
He broke number 1 that one time Mum and I joined him on the golf course…
… but number 2 was never discussed.
It wasn’t like we didn’t have any money; in fact, we had an amazing upbringing with annual family holidays, birthday parties every second year and presents under the tree at Christmas. We never went without anything.
It was more of this unspoken rule that talking about finances was rude, unnecessary or simply just not the done thing.
So I grew up not talking about money.
Fast forward to today and I still cringe when my friends ask each other how much they’re paid, or what their weekly rent is, or even how much those new sunnies set me back.
And more seriously, I notice couples in our friendship group hiding spending habits from each other or breaking up because of differences in budgeting (that are found out way too late).
I’ve had friends go into complete meltdown because they haven’t had anyone to talk to about their situation.
But if money talks, why isn’t anyone talking about it?
People often feel embarrassed or have a fear of being judged. Maybe they don’t want to brag if they just got a promotion.
Or maybe they’re of the same mindset that our grandparents were and it’s hard for them to remove the stigma from their thoughts.
But the truth is that being open about your money habits and sharing your situation with those you trust is actually a pretty good way to set realistic goals.
Whether it’s being honest about a career aspiration or saving a house deposit or being able to afford an end-of-year trip, having someone to talk to can relieve a lot of stress.
Sometimes you just need a little reminder:
No matter how much you love your job, you’re working to earn money.
And if you’re not quite comfortable talking about it with someone face-to-face, there is another way.
Here’s three free apps that will help track your spending (minus the lecture you’re afraid of):
Got a Nimble Visa Prepaid Card*? Awesome! You can do this via your Member Area (without having to download anything).
If you’re feeling adventurous, compare the results of your spending to the national averages here.
The sources we used (no BBQ in sight):
Quick heads up: The above links belong to a variety of websites and not Nimble, so clicking on, and using them, will take you away from Nimble’s website meaning we’ve got no control or responsibility over the content. Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post.
The information in this blog post is general information only and does not take into account your objectives, financial situation or needs. We recommend you consider the Product Disclosure Statement relating to the Nimble Visa Prepaid Card before making any decision. The Nimble Visa Prepaid Card is issued by Heritage Bank Limited ABN 32 087 652 024, AFSL 240984, ACL 240984. Nimble Australia Pty Ltd ABN 91 135 501 807 is involved in the promotion and distribution of the Nimble Visa Prepaid Card and is a Corporate Authorised Representative of Emerchants Payment Solutions Ltd ABN 30 131 436 532.
The information contained in this blog is correct at the date of publication.