Money, the Final Taboo? Why Women Avoid Money Conversations and How to Change That
By: Lesley Thomas
Money is a topic that should empower, not intimidate. Yet for many women, discussing money feels uncomfortable, even off-limits. The social conditioning around money often leads women to avoid these conversations, impacting financial confidence and long-term growth.
The Social Conditioning Around Money
From an early age, many women receive indirect messages that discussing money is impolite or that financial matters are best left to someone else. Cultural and societal influences shape these perceptions, making money a sensitive or even shameful topic. The fear of judgment often plays a role, with many worrying about being thought of as greedy, materialistic, or not knowledgeable enough. A lack of confidence can also contribute, as financial education is not always prioritised for women, leaving many feeling unqualified to engage in money conversations.
Why Women Tend to Put Others First
There is also a strong tendency for women to prioritise others. Many are raised to nurture and give, sometimes at the expense of their own financial well-being. Money discussions can be emotionally charged, especially in relationships and professional settings, leading some to avoid them altogether to prevent conflict. Additionally, the ‘good girl’ narrative teaches women to be compliant and not challenge the status quo, making financial discussions feel confrontational or uncomfortable.
The Consequences of Avoiding Money Conversations
Avoiding money conversations can have significant consequences. It can lead to undercharging, staying in financially unfulfilling situations, and missing out on wealth-building opportunities. Women who do not negotiate salaries often earn significantly less over their careers. Many business owners underprice their services out of fear, which can lead to resentment and financial instability. Without regular money discussions, financial insecurity becomes a real risk, leaving women unprepared for financial independence and limiting their wealth-building opportunities.
How to Build Money Confidence
The good news is that money confidence is a skill that can be developed. One of the first steps is to reframe how you see and think about money. Viewing money as a neutral tool rather than an emotional burden can shift the way money conversations feel. Starting small can help—casual conversations with trusted friends, family members, or mentors about budgeting, saving, and financial goals can build confidence over time.
The Power of Financial Education
Education is another powerful tool. Reading books, taking courses, or listening to podcasts on money mindset, money management, and investing can provide the knowledge needed to feel more secure in financial discussions. Practicing salary and pricing conversations can also be invaluable. Whether you are in business or employment, discussing the value you bring and negotiating pay is an essential skill. Seeking professional guidance from a money coach or mentor can further boost confidence and ensure that your financial strategy aligns with your goals.
Leading the Way by Talking About Money
Leading by example is another way to break the money taboo. The more women engage in money conversations, the more they normalise them for others. Talking openly about financial goals and concerns encourages a culture where money is no longer a hidden or awkward topic but an area where empowerment and growth can thrive.
Final Thoughts
Breaking the taboo around money is about shifting from avoidance to empowerment. Women who confidently talk about money create more opportunities for financial growth and independence. The first step is to start—because the more we talk about money, the more we reclaim our financial power. Ask yourself where in your life are you avoiding money conversations and what would change if you stepped into those discussions with confidence? Your financial future starts with a single conversation. It is time to speak up, take control, and build the wealth and confidence you deserve.
For more information, visit The Money Confidence Academy to learn more about Lesley Thomas, her coaching services, and available resources.
Tune into the ‘Let’s Talk Money and More’ podcast to hear more from Lesley and her guests as they discuss all things money, mindset, and financial growth.
Connect with us on LinkedIn: Lesley Thomas LinkedIn.
