Money is consistently among the top sources of stress for Americans year over year, according to the American Psychological Association’s 2014 Stress in America survey. Simultaneously, just 37 percent said they often talk with their family members about the subject. Communication is a key strategy to ease tension, promote collaboration and reduce stress. So how about taking the opportunity of the upcoming summer family vacation to have those important conversations about finances? Here is a plan to make the most of it.
Plan for a family financial retreat and ease money-related stress
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