SAN RAMON, Calif., March 2, 2018 /PRNewswire/ — Talking about finances can be awkward, but sometimes it is necessary. Financial experts always advise couples to talk about money, but even mentioning finances with friends can result in stronger friendships. Besides the benefits that come with open communication about something as important as finances, other people may have different perspectives on money that could help with a problem or concern. Financial Education Benefits Center (FEBC), a membership benefits company specializing in health and financial wellness, encourages money talks and offers a financial helpline benefit for those who need assistance.
“Sometimes those awkward conversations you have to have with others turn into great bonding experiences, and that goes for the money talk too,” said Jennifer Martinez, Manager at FEBC. “When you’re honest about your financial situation, especially when you have to turn down social invitations, what you’re really doing is letting them know you trust them.”
Talking about money in a relationship can build a solid foundation for a future together. Open communication about money strengths and weaknesses can result in plans for financial success. Financial goals can be a great opener for the money talk and can get both parties on board and working together.
While many individuals are comfortable talking about money, others still find it a taboo topic. Survey results showed that 70 percent of Americans think talking about money is rude, though they would be more open to discussing their income than their savings or debt. The discomfort may come from a lack of knowledge on the topic or lack of confidence in their financial decisions. However, talking about money can be a learning experience, resulting in advice on topics like asking for a raise or how much rent should be.
However, financial advice is best received, or at least vetted, by financial experts. Eligible FEBC members can confidentially talk to accredited or certified financial counselors who can answer questions and help form a plan to work toward financial goals. Members also have access to financial calculators, budgets, and other useful financial tools.
“Open communication is important for a healthy financial situation,” said Martinez. “People shouldn’t be shy about talking about money, as long as it’s respectful and honest. If FEBC members need to gain some financial confidence first or need help with a financial matter, they can talk to financial experts to build a solid financial foundation for their own situation.”
About Financial Education Benefits Center
Financial Education Benefits Center is located in San Ramon, California. The membership company has already helped thousands save money and obtain the necessary education required to live a financially healthy life.
Financial Education Benefits Center has partnered with several name brand third-party companies to expand the financial and educational products and services available to its members and to provide a variety of wellness services as well.
To learn more about Financial Education Benefits Center, please contact:
Financial Education Benefits Center
2010 Crow Canyon Place Ste. 100
San Ramon, CA 94583