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Own Your Financial Freedom by Andrea Kennedy

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CHAPTER 4

TALKING TO FAMILYABOUT MONEY

 

 

 

 

 

 

 

 

The first generation plants the tree, the nextgeneration sits in the shade.—A Chinese Proverb

By now, you should have an idea of what your cash flow looks like as well as the basic tools, budget and balance sheet to help you “own your money”. As a result of your own analysis, it is highly likely that you need to change how money is spent in your household. These changes could be either large or small.

Unless you have no extended family or children, involve your family in any discussions regarding how you plan to readjust your budget/monthly expenditure if the changes will impact them in any way. How much information you share is at your discretion. This way, it won’t be only you “owning” ...

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