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Communicating Finances in the Family
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About the Author

Roberta A. Davilla Robbins (Ph.D., Ohio University) is the past president of the Central States Communication Association, has served on numerous communication journal editorial boards, and has held faculty positions at University of Northern Iowa, Western Illinois University, and Monmouth College. Her areas of study, research, and publication include family communication, instructional development, and the basic communication course.

A. Frank Thompson (Ph.D., University of Nebraska-Lincoln) is a financial and business teaching and training consultant. He is the former chair of the Department of Finance at the University of Northern Iowa College of Business and has held positions at University of Nebraska-Lincoln, University of Cincinnati, Federal Home Loan Bank Board, and Iowa State University.

Reviews

"Straightforward and accessible, this book successfully bridges discussions of communication and finance. As the importance of connections among communication, relationships, and finance becomes increasingly evident, this book is a much-needed and valuable resource." Dr. David T. McMahan, Department of Communication and Journalism - Missouri Western State University, First Vice President - National Communication Association

"This book does something different from the thousands of books on financial planning. It teaches the reader how to talk openly and directly about money with loved ones. Again and again, the emphasis is on honest and frequent communication among family members. Mission statements help families get on the same page; yearly reviews of those statements help them stay on the same page. The book is chock full of informative and fascinating examples of couples and families confronted with financial decisions. How comforting to learn that careful and realistic planning, combined with a thoughtful communication strategy, can bring out the very best of a family. This book is a recipe for more fulfillment in life and for greater cohesion among family members. Bravo Davilla Robbins and Thompson!" Andrew S. Parlin, Founder, Washington Peak Investment Advisors LLC

"I have read many personal finance books over the years. However, this is the first book I have read that integrates the importance of communication with personal finance. The book provides steps to ensure financial planning has a higher probability of success by teaching communication strategies throughout the process. This book will change how families talk about and handle their personal finances. I wish I would have read this book a long time ago!" Ryan Sheridan, President and CEO of PSB Corporation and Denver Savings Bank, Denver, IA

"Communicating Finances in the Family is a rare book which doesn't just focus on the dollars and cents of financial planning but also covers the human relationships involved in setting and implementing financial goals. Making financial decisions should involve family members. This book lays out the importance of ongoing communication within the family unit, laying out the process including constructing a mission statement, collecting financial statements, creating goals, and producing action plans. As a financial professional, Chapter 4 on financial analysis provides a simple and doable outline for collecting the necessary data to assist in the communication and financial planning process. But this book, unlike other financial planning books, also provides a blueprint for family communication. All families would benefit from the communication principles laid out in this book. I wish my parents and I could have had read this book and had these discussions. I strongly recommend this book to all families whether you are just starting out or have already accumulated wealth." Dr. Linda E. Bowyer, Professor Emerita of Finance, University of Toledo"I thought that I was a good planner until my children graduated from high school. All of the sudden, I was overwhelmed with their financial needs including college tuition, accommodation, and transportation. By adopting the financial planning strategies of Communicating Finances in the Family, I learned to be better prepared to set goals and make sound decisions related to planning for my children's expenses, emergencies, major purchases, savings, investments, and retirement. Now, I feel that my financial outcomes have improved, my peace of mind has been restored, and my retirement goals have been achieved."
Mohammed Rawwas, Ph.D.

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