3 Conversations To Have About Money Over The Holidays

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As we gather around festive tables and share the joy of the season with our loved ones, the holidays provide the perfect backdrop for meaningful conversations. In today’s episode we’re going to explore the three important money conversations that you should consider having during the holidays.

As we gather around festive tables and share the joy of the season with our loved ones, the holidays provide the perfect backdrop for meaningful conversations. In today’s episode we’re going to explore the three important money conversations that you should consider having during the holidays.

From talking to your aging parents about finances and long-term care to guiding young adults on their financial journey, Don shares practical tips on how to navigate these conversations with care and empathy. Be sure to stick around for the end of the episode, and he shares his top 10 favorite holiday movies!

Thank you for another awesome year of “Your Money & Your Life!”

Here’s some of what we discuss in this episode:

  • Parents: Breaking the “no talk rule” about money with your parents, keeping legal documents updated, checking for signs of cognitive decline + ensuring appropriate living arrangements are being made
  • Kids: Providing them with basic knowledge about tax issues, assets, key financial contacts + encouraging responsible financial habits
  • Young Adults: Establishing car and health insurance, contributing to retirement accounts, building an emergency fund + filling out important legal documents
  • Your Partner: Conversations about finances, spending, and saving money + focusing on shared goals for the future, such as living arrangements and lifestyle preferences

 

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ABOUT YOUR HOST...

Donald W. Cash – CPA, CFP®, is an independent advisor. After graduating from Rutgers University, he began his career in 1985 as an accountant. In 1990, he entered the field of Estate Planning, concentrating on long-term care planning. Don has been advising clients in the baby boomer and retirement market for 20 years. He has helped over 1,000 families with their planning needs.

Don advocates for a holistic approach to Estate and Financial Planning and has relationships with other professionals including Attorneys, CPA’s, Mortgage Specialists, Insurance Specialists and Asset Managers.

He is married to Cathy and they have 4 children, Carly, DJ, Nick and Tori. They live in Freehold, NJ.

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