Money is like a team sport; while your individual habits and practices matter, there’s always a bigger picture to consider (spouse, kids, siblings, parents, friends, etc.).
Even though you’re building wealth to support yourself and your immediate family, many people’s money goals extend to offering support to their parents, siblings, or other loved ones along the way.
Yet you’ve probably heard that mixing family and money is like oil and water with different opinions, expectations, values, and communication exploding like fireworks on the 4th of July.
It doesn’t have to be like that.
Here’s the thing:
Financially supporting your loved ones can be a beautiful and rewarding way to make the most of your resources…
If you do it with purpose and intention.
Let’s look at how you can make a plan to financially support your loved ones minus the sparks and drama.
First, Check-in With Your Goals
Giving money to