The 2 financial coaches joining us for April’s discussions, Ericka Young and Shehara Smallwood.

Ericka Young of Tailor-made Budgets is a Dave Ramsey certified budget coach who has helped over 200 families become better money managers. Ericka and her husband Chris know the financial struggles of trying to live the “American dream”. After they paid off nearly $100,000 of debt themselves they vowed never to return to that place again and to help other families “change their family tree.”

In episode 9 we talked about your money past and the importance of forgiving your family, your spouse and possibly even yourself for past mistakes with money. In episode 10 we talk in detail about how to move from paycheck to paycheck living and how to get on the same page with your spouse about money.

Learning to manage money is a muscle that must be developed. Our kids need time to practice this skill in the home. In this episode Ericka explains how to begin preparing your child from an early age into early adulthood.  Also, did you know where your child chooses to go to college and how they pay for it could impact their financial future greater than any other financial decision they make? Our job is not done when our kids graduate high school. We spend most of this episode discussing the importance of our involvement in our child’s college planning, so college doesn’t become a long term financial burden to our children or to us. We wrap up the episode discussing the importance of setting boundaries around your finances with adult children.