Building Financial Trust and Freedom: A Journey to Family Wealth & Success. Episode 83

20/10/2024 29 min

Listen "Building Financial Trust and Freedom: A Journey to Family Wealth & Success. Episode 83"

Episode Synopsis

In this episode of Wealth is a Journey podcast, I started by sharing my gratitude for opportunities to speak on financial freedom, particularly a recent talk at my workplace for a diversity and inclusion group called "Rise 2," where I discussed the basics of budgeting and wealth-building.I also reflect on the lack of financial education in households, emphasizing that many people, even those in corporate environments, were never taught about budgeting, investing, or managing finances. I stress out that building wealth starts at home by having open discussions about finances, overcoming fear, and teaching future generations. I pointed out how financial habits are often passed down through generations and encourages listeners to break the cycle by taking control of their finances.This episode focuses on the importance of combining finances with a spouse as a means of fostering financial communication and trust. I share my personal experience of how combining finances with my wife was a transformative step in our journey toward financial freedom, enabling us to pay off all our debts, including mortgages and student loans. I offer three key steps to successfully combining finances. By doing this, I believe families can set their children up for financial success and break the cycle of financial illiteracy.I encourage listeners to have the tough conversations about money, not only with your spouses but also with your children, to ensure future generations are better equipped to manage your financesMy name is Che Willis from Wealth is a Journey-I help families living paycheck to paycheck to live the life they want to live through budgeting and investing. If this is you or you know someone that needs help in this area, book a free discovery call to see how I can help. Calls can be booked at www.wealthisajourney.com. My calendar is open.#WealthIsAJourney #FinancialFreedom #FamilyFinances #FinancialLiteracy #MoneyManagement #BuildingWealth #DebtFreeJourney #GenerationalWealth #OvercomingDebt #MarriageAndMoney #FinancialGoals #PodcastLife #CombineFinances.