The top four taboo topics are about money, salary, retirement savings, debt and inheritance. After that come marital problems, religious beliefs and so on. Women are much more uncomfortable than men in talking about these money topics. Money is a status concept where your position is unequivocal. And i would argue that whether your high, medium or low income, probably nobody really likes to be identified by their financial standing.
What’s the connection between conversations about money and financial literacy? Could the taboo against talking about your salary be fading? And why did Angie’s teenage daughter call Vanguard to learn about I.R.A.s?