People are talking. Actually, they're venting. They're worrying aloud, complaining, questioning, and poking into affairs that some people say is none of their business.

The taboo topic making the rounds is money.

It was once (and still is by many) considered gauche to broach financial issues with anyone other than the one with whom you share check-writing privileges. And even then, when asked whether or not they chat regularly or at all about finances with one another, most spouses answered, "I don't."

Stop keeping your mouth shut
People are loosening up, and that's a very good thing. The price we pay for keeping mum about money is much too high. Kids repeat the credit card sins of their parents. Coworkers settle for lesser raises than they might be entitled to. Heartache and unanswered questions come up when relatives pass on without clarifying their final wishes.

It's a lot better to be a free (cash flow) spirit, and spill your checking-account secrets -- when and where it makes sense.

Now, don't get me wrong. I'm not advocating throwing manners out the drive-through deposit window. There's no excuse for being an obnoxious braggart or a nickel-and-diming dinner guest. Don't brag. Don't pry when it's clear someone's uncomfortable. And don't blab about other people's finances. (Yes, Miss Manners does indeed have a few rules about keeping money conversations pleasant.)

However, there are times when you really should put it all on the table.

Prod your parents
Do you know what your parents make (or made, when they were working)? What was their monthly mortgage payment? What financial and professional sacrifices did they make to have kids or to keep the family business in the family? This stuff just doesn't just come up during your regular every-other-Sunday dinner. But why not bring it up when it's time for you to buy your first (or third) home, or decide on public or private school for your kids? You may learn something.

In the future, talking about long-term care insurance and living on a fixed income won't seem as awkward. It gives you a chance to hear your parents' wishes, and for them to learn about yours.

Teach your kids
Do your kids know what it costs to put a roof over their heads, and macaroni and cheese in their tummies? Why not? When your tykes are old enough to realize that the green stuff equals more toys, start talking about what it means to budget. Tell them how you make your money decisions -- why they can't have the Xbox, and how come Leif gets more lunch money than Lisa. (The lunches at his school cost more!)

Consider an open checkbook policy, and find ways to expose your little lovelies to some of the financial products -- particularly the siren song of credit cards on their college campus -- that will be hurled at them the moment they reach the age of consent. Continued...