The Business Brain
107: Money Conversations with Ericka Young
What's your relationship with money like?
Although Ericka Young was hiding purchases from her husband, when her credit cards got taken away, she was completely honest. Allowing her to build her relationship with money and her husband at the same time.
You've got to start by understanding your and your partner's history. How do you view money? What are your money habits? What were your parents' money habits? This allows you to understand where you guys are coming from so you know what things you need to do and be aware of on your journey to financial freedom.
Then comes the reality check. How much money do you really owe? Where is your money going to? What are your credit scores?
And those hard money conversations? You can't run away from them. When one of you slips ('cuz it's gonna happen!) or if you disagree on the method, you've got to make sure you're having those conversations. Ericka will show you how.
Yes. You can get out of debt and enjoy life at the same. Oh! And, can become closer to your partner in the process;)
Ericka Young founded Tailor-Made Budgets in 2005 after she and her husband Chris climbed out of nearly $100,000 in debt. She is a certified financial coach by Ramsey Solutions and combines her passion for helping people with creative debt reduction techniques so everyone can have a path to financial freedom. Ericka teaches her message of debt freedom through her e-newsletters, personal and group coaching, workshops, best-selling book, and speaking engagements.
Connect with Ericka:
www.tailormadebudgets.com
www.7daymoneychallenge.com
Instagram: tailormadebudgets
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