How to Talk Money with Your Spouse with Ericka Young

Work Your Wealth Podcast

Talking about money with your spouse can't always be easy, but it is crucial to your marriage. This week I sat down with Certified Financial Coach, Ericka Young.

Ericka is the president and founder of Tailor-Made Budgets which she opened in 2005 after she and her husband Chris climbed their way out of nearly $100,000 in debt. She became a certified financial coach by Dave Ramsey's Lampo Group in 2006 and combines her passion for helping people with creative debt reduction techniques so everyone can have a path to financial freedom. Ericka is a recognized financial expert who inspires people to significantly improve their finances, family and their future with a solid plan. Ericka's Best-Selling book, Naked and Unashamed: 10 Money Conversations Every Couple Must Have was released online in February 2017 worldwide. She currently teaches her message of debt freedom through her e-newsletters, personal and group coaching, workshops and speaking engagements. Ericka, Chris and their two teenage daughters, Faith and Olivia reside in Fishers, IN.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

• What prompted Ericka to write a book around finances among couples
• Why Ericka believes money is not all about the numbers
• The importance of WHY you do what you do with your money
• Your financial planner deals with the same money challenges you do
• What can happen if you don’t talk about money within your marriage
• How Ericka had to understand her husband’s money background during their money conversations
• The very first money conversation you should have with your spouse
• Why everyone needs a reality check
• Understanding your cash flow can be very eye opening
• Hurdles many people face when talking about money with spouses
• Should one person take the lead on budgeting
• The impact a weekly routine can have on your money
• The harsh reality of what not talking about money can do to your marriage
• Dreams can be a good thing for you and your money
• How to give your money some real purpose

**For access to the links from this show, visit https://workablewealth.com/podcast/episode-66-how-t…ith-ericka-young/