Why we fear money – Women Talk Money editor Rebecca Walker

The fear of talking about money is a complex phenomenon influenced by various psychological, cultural, and societal factors, as discussed with prominent writer, activist and editor of Women Talk Money Rebecca Walker. Here are some reasons why people might fear discussing money:

1. Social taboos and norms
2. Fear of judgment
3. Privacy concerns
4. Emotional attachments
5. Fear of conflict
6. Lack of knowledge
7. Unequal power dynamics
8. Insecurity and comparison
9. Superstition
10. Financial stress
11. Perceived social hierarchy

Read: How to be open about finances – with Girls that Invest author Simran Kaur

Overcoming the fear of talking about money involves recognising and addressing these underlying factors. Open communication about finances can lead to healthier financial behaviours, better decision-making, and reduced stress. However, the process should be approached with sensitivity, respect for privacy, and a willingness to understand and empathise with others’ perspectives.

Why do people fear talking about money?

Thanks to the following author for participating:

Rebecca Walker was chosen as one of Time magazine’s fifty future leaders of America, one of the most influential leaders of her generation. Walker has made a substantial contribution to the global conversation about identity, power, culture, and the evolution of the human family through books, lectures, blogs, social networks, popular magazines, literary and academic journals, radio programs, film and television appearances and content development. She graduated cum laude from Yale in 1992.

She is the author of the memoirs Black, White and Jewish and Baby Love; the novel Adé: A Love Story; and editor of the anthologies To Be Real, What Makes a Man, One Big Happy Family, and Black Cool. Her writing has appeared in Glamour, the Washington Post, Bookforum, BOMB, Newsweek, Vibe, Real Simple, Modern Bride, Essence, More and Interview, among many other magazines and literary collections. She has appeared on Charlie Rose, Good Morning America, Oprah, Fresh Air, BET, and dozens of blogs, sites, and other media. She lives in Los Angeles and we talked about her book in a very meta way Women Talk Money: Breaking the Taboo.

Other wonderful guests who took part:

Phoebe Ellis is Head of Operations at Thrive Money, set up by the team at First Wealth, which helps to improve financial education and break down the taboos around money with a focus on women and younger people.

Jay runs YorkshireFinances.co.uk.

Here are some of the resources from the show:

ABC News’ Stephanie Ramos spoke with “Financial Feminist” author Tori Dunlap about negotiating salary, investing and helping women have a better relationship with money.

Books looked at this week:

Rebecca Walker: Women Talk Money: Breaking the Taboo

Tori Dunlap: Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love

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Transcription

How to achieve clarity with author Jamie Smart – How To Be…Books Podcast

Our minds work best when they feel clear, but it's surprising how many things can get in the way – something that Clarity author Jamie Smart knows a lot about. He spoke to the "How To Be Books Podcast" for the final episode of the season.Please hit subscribe to hear the whole series on life skills and social change! It should be short and sweet. I look forward to journeying with you through this maze of hacks.Other wonderful guests who took part:Dr Hafeez Ahmed is a married dentist with three kids, former whistleblower, survivor of CSE, and author of "The Philosophy Fridge."Mahati Singh is a tech recruiter, career mentor, content creator and founder of CodiesAlert.Other books/articles looked at:Rolf Dobelli: The Art of Thinking Clearly: The Secrets of Perfect Decision-MakingKeep following How To Be Books at http://www.howtobe247.com, and @howtobe247 on socials for future updates about the podcast. In the meantime, see you next season!This episode was sponsored by Zencastr. Use my special link to save 30% off your first month of any Zencastr paid plan or the code "HowToBeBooks."

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