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Most financial planning decisions faced by families are the result
of family life stages-entering into a committed relationship;
having and caring for children; working; taking care of parents;
securing retirement funds; and distributing wealth at the end of
life. All of these family life stages require planning, budgeting
and, more importantly, communicating in order to reach these
financial goals. Exploring the vital relationship between
communication and financial planning, Communicating Finances in the
Family: Talking and Taking Action helps students move from seeing
money as a "problem" to viewing money as the "path" to achieving
their financial goals. Readers learn about the role of money within
a family, the emotional controversy it can create, the importance
of honest communication in financial planning, and how to develop a
family financial mission statement, set financial goals, and
develop a budget. Included are case studies that demonstrate
communication strategies in action and self-check questions to help
students consider their own experiences and plans. Communicating
Finances in the Family is an ideal supplementary text for courses
in interpersonal communication, family communication, group
communication, community, finance, economics, and family studies.
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