Sharing openly about your finances is difficult to do. Be it with your family, friends, in your relationship or even unintentional exposure at work (ever been on a work trip where they plan to reimburse you, but you don’t even have enough on your credit limit for the hotel?).
I basically ran from the topic of money as much as I could when I was in the depths of my financial struggle. I would sense the conversation heading in that direction and redirect it as quickly as possible. I don’t even think I was worried about exposing something I – at the time – thought would be embarrassing.
It was that I didn’t even want to think about it. I didn’t like when others talked about money as it meant awakening that harsh voice inside that often reminded me I wasn’t financially “in the same place” as my peers and therefore not as good as them either. The topic of money would mean remind me of my bank account. Which reminded me of upcoming bills. Which reminded me of debt. Which, in my mind, set me apart (and not in a good way).
According to a new survey commissioned by the credit and financial app Turbo (by the makers of Mint and TurboTax) and conducted online by The Harris Poll, had I said something, more than likely I would have learned I was NOT alone. Nearly 4 in 5 Americans have individual debt – that’s 79% of Americans with credit cards, car loans and student loans hanging over their heads (not including mortgage) and nearly two-thirds (63%) of this group are doing it alone. And what’s worse? They’re not talking about it. The survey’s findings say 51% choose to not talk about money with their friends or family.
Turbo recently launched an empowering campaign addressing this very issue.
To help break down the taboo of talking about money, Turbo partnered with actress Chrissy Metz as a spokesperson due to her own public confessions of struggling with money and debt.
“I’m partnering with Turbo because the overwhelming response to sharing my #RealMoneyTalk story made me realize that we’re not talking about money — and I truly believe that the more we talk about it, the less alone we’re all going to feel,” shared Metz.
Chrissy’s story is one many American’s relate to – money wasn’t even discussed in her home growing up because, well, there just wasn’t any to talk about! Watch Chrissy’s videos to hear more of her story along with social influencer Aja Dang’s own struggle repaying her student loan debt, and voices from people just like you.
To learn more about the campaign, visit http://turborealmoneytalk.com and share your #RealMoneyTalk story with us, tagging @IntuitTurbo on Instagram and Twitter. You can read more about the Harris Poll survey findings on the Turbo blog at https://turbo.intuit.com/blog/
Survey Method: This survey was conducted online within the United States by The Harris Poll on behalf of Intuit Turbo from January 23-25, 2019 among 3,050 U.S. adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact Intuit Turbo.