This video presents managing family cash flow as a process that fosters overall relationship qualities such as trust, intimacy, and mutual support, while simultaneously helping family members achieve progress toward long-term financial security.
- Your money will take you on a journey.…It will be there when you're deciding…what kind of work you do,…how you take care of yourself,…and how to direct money toward future growth and security.…And it will certainly be there when you choose a partner…and hash out the glorious details…of building a life together.…Money can be painful, but in my experience,…that pain is a signal…that there is important work to be done.…Learning to tune into that signal…and listen to what it's saying…is the first step to positive change.…That can be scary enough…when we're just talking about ourselves,…but in a relationship, it's even more important.…
When we allow ourselves to be vulnerable and honest…and our spouse meets that vulnerability…with acceptance and love,…we unlock something truly transformative for both.…And that's what we're working on in this course.…I want money to work better between you, obviously,…but not because I care so much about your bottom line.…Financial intimacy is fundamental…to true emotional intimacy.…
In this course, financial therapist Amanda Clayman shows how to tackle the financial difficulties that often sour partnerships by walking through how to create and follow a family cash flow plan. Using her five pillars of financial harmony as a guide, Amanda explains how to construct a plan that engages all family members in its implementation. Looking at money management as a system designed to meet your specific needs, she highlights common financial conflicts and shows how to create a healthy, sustainable plan. She explains how to establish ground rules for communicating effectively, prioritize each partner's "asks," assign money management roles suited to each partner's strengths, and bring it all together into a working plan.
- Why couples fight about money
- Exploring values
- Communicating effectively
- Being clear and concrete
- Negotiating successfully
- Assigning roles suited to each partner's strength
- Setting up a routine
- Creating your family cash flow plan
- Dealing with dilemmas
- Making changes
- Engaging children in your family's cash flow management process