It Pays to Talk: How to Have the Essential Conversations with Your Family About Money and Investing

(Paperback)

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How to Have the Essential Conversations with Your Family About Money and Investing Financial security begins with a conversation . . . And that's why Carrie Schwab-Pomerantz has teamed up with her father, internationally respected investing pioneer and bestselling author Charles R. Schwab, to produce this excellent family financial primer. This book will help investors succeed whether the stock market is going up or down, both in the present and in the long term. Throughout the book, the authors stress the importance of having regular and effective conversations about money-with a spouse or partner, young children and teenagers, and aging parents-and offer the perfect roadmap for starting and continuing those conversations, including- . understanding the basics- stocks, bonds, and mutual funds . building wealth over time, understanding your tolerance for risk, and developing and maintaining the right investment portfolio . investing for your children's future and for your secure retirement . estate planning for you and your older parents . preparing for life's unexpected events

Reviews

""This well-rounded primer provides one-stop shopping for the many phases of financial understanding and planning . . . [and] provides a useful framework that a family can refer to when approaching those often difficult but necessary conversations about finances."

Author Bio

Carrie Schwab-Pomerantz is president of the Charles Schwab Corporation Foundation. She established and now spearheads Schwab's highly respected Women's Investing Network, an initiative designed to educate and inspire women investors across America. She lives with her husband, journalist Gary Pomerantz, and their three children in the San Francisco Bay area. Charles R. Schwab is the founder, chairman, and co-CEO of the Charles Schwab Corporation, one of the nation's largest financial services firms. He is the author of the bestselling You're Fifty-Now What and Charles Schwab's Guide to Financial Independence. He lives in the San Francisco Bay area with his wife, Helen. From the Hardcover edition.