Let’s be honest—talking about money isn’t easy. Whether you’re sitting down with your parents, children, or partner, conversations about finances often bring up big emotions: guilt, confusion, even conflict. But they’re also some of the most important conversations we can have—especially when it comes to planning for the future and protecting the people we love.
So how do you open up a dialogue about money that feels constructive rather than uncomfortable? Here are seven practical tips to help you get started.
1.Start small and build trust
Money talk doesn’t need to begin with a deep dive into pensions or inheritance plans. Sometimes, the best way to ease into the conversation is by sharing something simple—perhaps a lesson you learned, or a small financial decision you’re currently making. From there, you can gradually build towards bigger topics.
“The key is to keep the tone light and open … It’s a chance to explore values, not just numbers.”
Catriona Reed, Head of Private Clients at 7iM
2.Find the right moment
Big conversations deserve the right setting. Rather than dropping financial questions into a rushed family dinner or busy school run, carve out time and space where everyone can be present and focused.
3.Talk values before figures
What does financial security mean to you? What kind of legacy would you like to leave behind? Talking about money through the lens of values helps reframe the conversation—so it’s not just about numbers, but about priorities, protection, and peace of mind.
4.Be honest about your hopes and concerns
Many of us hesitate to talk about money because we feel embarrassed or uncertain. But honesty builds trust.
5.Keep everyone in the loop
If you’re discussing future planning—especially around wills, power of attorney, or gifting—it’s important to include all relevant family members.
6.Don’t aim to solve everything at once
It’s okay if the first conversation raises more questions than answers. Talking about money is an ongoing process.
7.Bring in a neutral voice if needed
“A financial adviser can provide structure and support, helping families explore options together and avoid misunderstandings,” adds
Catriona Reed, Head of Private Clients at 7IM
Final Thoughts
Talking about money doesn’t have to be awkward or overwhelming. At Really Helpful Club, we’re proud to be supported by partners like 7IM, who understand the value of thoughtful, well-informed planning. With expertise in guiding families through important financial decisions, th 7IM team – led by professionals like Catriona Reed – is here to help you navigate the journey with confidence.
