The Little Book of Trust and Money: An Essential Primer for Families($20.95Value)

Description

Money problems can threaten the relationships a family values most. This practical guide shows families how they can protect their love and their money by building trust. A secret credit card. An unpaid family loan. Unequal support for siblings. An aging parent who needs help managing money. An inheritance that feels unfair. Each situation raises questions about honesty, care, responsibility, and whether family members can rely on one another. Most families enter these conversations without shared language or a clear process. Important issues go unspoken, assumptions turn into resentment, and a financial disagreement can cause lasting damage. In this book, trust expert Charles Feltman, whose Thin Book of Trust has sold nearly 100,000 copies, and family dynamics advisor Emily Bouchard give families a practical framework for handling money while strengthening their relationships. Drawing on fifty years of combined experience, they show how 4 essential components of trust—care, sincerity, reliability, and competence—shape nearly every financial decision a family makes. You’ll learn how to uncover the family stories and values that influence your behavior with money; - talk openly about finances with partners, children, siblings, and aging parents; - make fair decisions when family members have different needs or abilities; - create clear agreements that prevent misunderstandings and broken promises; and - repair trust after financial secrecy, betrayal, or conflict. Real family stories demonstrate how the framework applies to everyday spending, financial infidelity, caregiving, blended families, addiction, inheritance, estate planning, and the transfer of wealth across generations. The included discussion guide on trust in action provides questions and activities families can use to begin important conversations. Short, practical, and immediately useful, this book helps families address financial issues before resentment takes hold and begin repairing relationships when damage has already been done. Make money decisions that support your family’s well-being while strengthening the trust that holds your relationships together. “While many books focus on managing money, few even begin to explore how families can create trust around money, how it’s discussed, how decisions are made, and how resources are allocated. This book offers practical strategies to help families strengthen trust and communication around their financial lives, regardless of income or family size.” —Brad Klontz, financial psychologist, professor, and bestselling author of Mind Over Money “Money is never just money, especially in families. Money is tied up with trust, expectations, and obligations. For any family navigating money, trust, and relationships, this book is a critical read.” —Deb Liu, former CEO, Ancestry, and bestselling author of Take Back Your Power “Plain talk about money expressed through the lens of how families function around matters of trust makes taking the advice in this little book a requirement for your and your family’s well-being.” —James E. Hughes Jr., bestselling author of Family Wealth “This work will have a big impact on both your relationships and how money functions in your families. Read this and make the best investment in your family's future.” —Ron Deal, speaker, family therapist, and bestselling author of The Smart Stepfamily Guide to Financial Planning Charles Feltman has been an executive and team coach for three decades. He is the author of The Thin Book of Trust , now in its third edition, which has sold over 100,000 copies worldwide. He is a sought-after expert on trust-building across multiple contexts, including leadership, teams, families, and communities. Emily Bouchard is a family dynamics coach and family office consultant with over three decades of experience working with families globally. She has been featured in the New York Times, Wall Street Journal, Newsweek, USA Today, Forbes, Martha Stewart Weddings, Bustle, Satellite Sisters Radio, and The Today Show .