#161: How do we as financial coaches talk about money with non-client friends and family?
Today, Josh and Emily discuss how to talk about money with non-client friends and family? If you don’t approve of how they’re handling their money…can you talk about it? What about if they ask you?
Top takeaways:
- If you don’t have all the information, do not give a clear answer (because you can’t know!).
- If someone is just casually chatting with you, you will not have all the information.
- In general conversations, asking questions is a better strategy to start with than answering questions.
- When trying to decide whether to talk to family about money, consider whether knowing information about them will change the dynamic of your relationship…and seriously consider referring out regardless.
- Working as an accountability partner with a family member (or friend) who you spend time with regularly can definitely lead to awkward situations.
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