#161: How do we as financial coaches talk about money with non-client friends and family?

Season #1

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:

  1. If you don’t have all the information, do not give a clear answer (because you can’t know!).
  2. If someone is just casually chatting with you, you will not have all the information.
  3. In general conversations, asking questions is a better strategy to start with than answering questions.
  4. 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.
  5. Working as an accountability partner with a family member (or friend) who you spend time with regularly can definitely lead to awkward situations.

Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey: