Should family finances be managed
and controlled by one person?

Should family finances handled or controlled by only one person in the family? Elaine and Kathleen delve into this myth and examine how getting the entire family involved in financial discussions and decisions can actually strengthen the family. It also will prepare and educate kids to be able to make responsible financial decisions as they leave home and start their own careers. Their advice is to not give up, it may not always be easy but it can be very rewarding.

Elaine King is a Family Business Advisor™ and a Certified Financial Planner™. Elaine is considered an expert in international family financial planning and ambassador for the CFP Board of Standards. Founder and president of Family and Money Matters™ whose mission is to empower the family’s human and financial capital to achieve financial well-being together.

Elaine is the author of the international bestselling book “La Familia y El Dinero Hecho Facil” winner of Best Latino Award (Penguin Random House 2013). She also wrote the first book in Latin America to teach children about the value of planning; “Saltarin y las cuatro palabras clave para una familia unida” (Santillana 2014).

Show Notes:

• Elaine offers Breaking Money Silence™ podcast listeners a free download of Chapter One of her book, Family & Money Matters. Visit her web site Family and Money Matters here to download the chapter.
• She is also offering 40% off a financial plan to our listeners through December 31, 2016. When you schedule a consultation with Elaine here, please add KBK to the Comments.
• Learn more when you reach out to Elaine on Twitter: elainekingfp, LinkedIn: Elaine King, MBA, CFP®, Facebook: Elaine King FP, or YouTube: Elaine King Fuentes