One Tenth Consulting, LLC

There must be something you are seeing in his or her behavior to make you think this but fret not, you can make sure your child leaves your house equipped to succeed financially.

1. Make sure you teach them, how to create a spending plan where they give, save and spend so it’s always on their mind.

2. Give them as many opportunities as possible to handle money and make money decisions so they can learn and make safe mistakes.

3. Talk to them with love when something comes up that you know needs strengthening. If they see you as their partner and guide and not a nagger and boss bully they will come to you when they need help.

What can you do to improve your relationship with your children and their financial literacy?

There are so many different ways we can serve our clients especially in finances. When you approach personal finances from a holistic perspective you don’t just concentrate on a certain area but take into account the persons dreams goals and financial desires.

Once you know what your client wants you then can start creating a comprehensive financial plan that works for them. When was the last time you sat down with someone and went over your plan?

Keeping good communication for your finances is key to feeling understood and respected by your spouse, in regards to money.

One way is to consult with your spouse before making large purchases.

Imagine trying to pay a bill and all of sudden you notice a big dip in the account that you have no idea what it is.

Those purchases can throw of a budget and even make you go negative, if money is tight.

I'm quite sure that for every "I wish I could buy this or I'm gonna treat my self " purchase your spouse has one too.

So be considerate of eachother, stick to the plan and make space for recreational spending that takes both sides into consideration.

What do you do to communicate effectively with your spouse?