5 critical action steps every first-time homebuyer must know
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By Kerri Anne Renzulli
November 23, 2016
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This Thanksgiving weekend, post-election rifts may keep the red and blue sides of your family from enjoying the turkey. Millions of Americans expect politics to come up during Thanksgiving dinner, and more than two in five find the idea of such talk stressful, according to a survey conducted by ABC News.

So instead of delving into an election rehash, redirect the conversation to a more pleasant topic: money. Under normal circumstances, families often try to steer clear of awkward financial conversations — but this year’s divisive presidential race may make money talks far less painful than other controversial subjects.

The holidays actually create an ideal setting for such tricky topics as family finances, college savings, and retirement planning decisions, says Los Angeles financial planner Roger S. Stinnett. “Family gatherings like Thanksgiving can be a good time to bring up family money conversations because, hopefully, all of the interested parties are at the table,” Stinnett says. “Different family members can share and get valuable feedback.” And creating a habit of honest, open communication can be helpful for future generations, he adds.

No matter what financial topic your family needs to tackle, Money has laid down some ground rules and talking points for you. Use the following guides for tips on opening the conversation, key questions to ask, and even ways to win over a reluctant family member.

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