Financial FOMO is Quietly Straining Relationships

CFP Board’s research, Financial FOMO: A Survey About Money and Relationships, found that while most Americans are comfortable discussing money with at least one person, many do not share financial struggles with family, friends or coworkers. Kevin Roth, managing director of research at CFP Board, noted that people may worry not only about the financial cost of participating in social occasions, but also “the cost to the relationship of not being present, as well as if they can be open about their financial constraints.”

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