Getting Women to Talk About Money

Women are less likely than men to discuss finances with their friends, so they start off at a big disadvantage.

(Image credit: Copyright)

In her biography of Joan Rivers, Last Girl Before Freeway, author Leslie Bennetts describes how stunned Rivers was to discover that her business manager husband, Edgar Rosenberg, had left her millions of dollars in debt when he died. Here was a woman who had built a wildly successful public career, but in her private financial life she apparently inhabited the same "cone of silence" as so many other women. "Women will talk to each other about anything -- including their sex lives and marital problems -- but there's a taboo about money," says Debra Mesch, director of the Women's Philanthropy Institute at Indiana University.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Janet Bodnar

Janet Bodnar is editor-at-large of Kiplinger's Personal Finance, a position she assumed after retiring as editor of the magazine after eight years at the helm. She is a nationally recognized expert on the subjects of women and money, children's and family finances, and financial literacy. She is the author of two books, Money Smart Women and Raising Money Smart Kids. As editor-at-large, she writes two popular columns for Kiplinger, "Money Smart Women" and "Living in Retirement." Bodnar is a graduate of St. Bonaventure University and is a member of its Board of Trustees. She received her master's degree from Columbia University, where she was also a Knight-Bagehot Fellow in Business and Economics Journalism.