Money Basics

Family finances during the coronavirus pandemic

June 2, 2020

According to a 2014 study, almost half of all Americans (44%) say money is the most difficult thing to talk about — more difficult even than death, politics, or religion.

First PREMIER Bank’s online guide will lead you through topics, strategies, and best practices for having family conversations about money.

Although money concerns may put a strain on relationships, and conversations about money can be stressful, talking proactively may help. With so many changes because of the pandemic crisis, now is more important than ever to have these crucial conversations.

Financial talks with your family don’t need to focus on what you can’t do or what you’re missing. Talk about the changes you’re making and what you want to do in the future. If you haven’t already, now is a great time to talk with your partner or family about budgeting.

If you’re experiencing hardship, we encourage you to reach out to us for help with your First PREMIER Bank credit card account.

This information is presented for educational purposes only. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.

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