University of Missouri Extension

Money and Advice Giving

All too often individuals feel that money is a taboo subject.

Help family members set their own realistic financial goals without seeming to give advice or coming across as thinking you are an authority. While you may have had more experience with a particular situation, you may not have all the answers.

If advice is requested, or you feel it’s absolutely necessary to provide some input to other family members, try giving it in the form of alternatives they may not have considered. Help them explore the pluses and minuses of each option rather than telling them what they should do.

Unrealistic expectations set people up for failure. Help family members understand that money is a limited resource and there will always be things they cannot afford.

Source: M.A.P. Road Blocks to Communication. (1998). Adapted from BUCS curriculum, Cornell University.

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Last updated: March 09, 2005
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