People need to start talking about money, says management expert Suzy Welch. investinyou (In partnership with acorns.)
People need to start talking about money if they want to make good financial decisions, management expert Suzy Welch told CNBC on Monday.
"People are not having conversations about money and what they should do to plan for the time when they are going to have a financial emergency — because you are going to have one," said Welch, an author and CNBC contributor.Getting it right is important, especially if you are among the vast majority of Americans who manage their own money. According to the survey, 75 percent do so.
Once young adults head off to work, they may not hire someone to manage their money or put aside savings for retirement because they aren't making a lot of money. However, while they may think that's OK, the opposite is true, she pointed out.
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