How to Handle Money Effectively as a Blended Family with Stacy Francis

Smart Money Mamas Show - A podcast by Chelsea Brennan

#036: In this episode, I’m talking with Stacy Francis, president and CEO of Francis Financial and host of the Financially Every After podcast, about a topic that is impacting more and more people every year—how to manage money as a blended family. Stacy is going to share what conversations women in blended families need to be having with their spouses, how to plan for your financial future, and how you can blend traditions and beliefs to create a beautiful, thriving marriage and family. (05:05) Why you should get “financially naked” before walking down the aisle (08:46) How prenuptial agreements offer protection to women entering into blended family situations & why it doesn’t have to be unromantic (21:13) Common mistakes couples make when combining two families (35:16) How to talk to kids about the changes to your family & some tips on how to be honest if your financial situation isn’t secure (40:08) The key for couples in blended families to have a positive money relationship and money plan with their partner (44:35) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/stacy Family Money Values Template: https://smartmoneymamas.com/family-money-values-template/