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No Stupid Questions

81. Why Is It So Hard to Talk About Money?

No Stupid Questions

Freakonomics Radio + Stitcher

Society & Culture

4.63.6K Ratings

🗓️ 9 January 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

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?

Transcript

Click on a timestamp to play from that location

0:00.0

Wait, is this a trick question?

0:04.1

Hey!

0:06.1

You're listening to No Stupid Questions, the podcast that explores the weird and occasionally

0:11.2

wonderful ways in which humans behave.

0:13.9

Here are your hosts, Steven Dubner, and Angela Duckworth.

0:17.4

Okay, why don't we try something new?

0:24.5

I'll start.

0:25.5

Ready?

0:26.5

Okay, go.

0:27.5

Angela, read me a question right now.

0:29.5

Steven, here it is.

0:31.5

Hi, Steven and Angela.

0:33.3

Why is money so hard to talk about?

0:35.6

Oh, this is not from you.

0:36.8

This is a listener question.

0:38.3

See how I entwited that?

0:39.6

You're so clever.

0:41.0

This is from Naomi.

0:42.2

I'm recently working on a project about improving people's financial literacy.

0:47.6

During the process, my teammates and I started talking about our financial journeys, and

0:52.2

we realized we had so many similar financial questions or issues that we never talked to

0:58.0

anyone about.

...

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