Parents with Adult Children
Through a holistic process of accountability, empowerment and education, your adult child can heal their relationship with money. Money coaching provides an opportunity to restore trust and lay the foundation for long-term financial integrity.
Our work together includes:
Guidance for customized set-up of personal finance software
Melody Beattie’s book Codependent No More
Email access to Carrie between appointments
Introductions to talented financial and lifestyle professionals in Carrie’s personal network
A myriad of tools including Money Script Inventory, MONIE$ (map of non-monthly expenses per year), Needs vs. Wants, and an Action Plan. You will be offered Money Affirmations, Values Clarification, and a Holistic Approach to Debt, Savings, and Net Worth. Other resources include Gratitude and Success Journals, 3 Stages of Wealth, 4 Solutions to a Shortfall and 5 Reasons We Overspend, Stress Inoculation, Financial Partnership Questions, Advanced Life + Money Questions, Legacy Intervention and Personal Finance Routines.
Optional Add-Ons: monthly phone check-ins with the parent, session summary emails, and family counseling sessions
We will cover:
Setting goals for what your adult child wants to accomplish and address in his/her/their financial life
Safely re-opening lines of communication about money
Letting go of “Money Fog” – avoidance and fear of money
Practicing financial awareness on a consistent basis
Designing a personal vision for a financially balanced lifestyle
Creating and maintaining a flexible monthly spending plan (a.k.a. budget)
Developing a debt repayment plan, if needed
Addressing entitlement and “affluenza,” if needed
Saving for Non-Monthly Expenses, a Safety Net, and Retirement
Family history
Laying the foundation for a long-term financial plan
Having a sense of control, freedom and peace of mind about money
Analyzing current employment, income strategies, tax planning, and business development
Mastering financial tools and distinctions
Self-care