Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Today we have Kathy Longo, she is a CFP, CAP, CDFA and author of Flourish Financially – Values, Transitions and Big Conversations. Kathy is an expert in advising women about money challenges and believes too many women rely on their husbands for their financial planning. Welcome! [:] Den and I were discussing prenups last night as we’re getting married in July. We talked about how they are good for each others financial security in the off chance a relationship doesn’t work out. What are your views on a prenup and would you say there is any advice you have for people before they get married? Disclosure of financial assets are disclosed early on. Debt disclosed as well, it’s important to discuss finances before you get married. If someone comes into inheritance, the prenup takes care of those assets. People don’t always think very protectively when they receive the money [:] What’s the fundamental first step for women toward building financial confidence? Becoming in tune to their finances, understanding sp