The Importance of Financial Security in Relationships with Nikki Tucker, CDFA ®

If a financial counselor and a personal organizer decided to create the perfect "lab love child," it would be Nikki Tucker! She's a mom and financial professional who firmly believes all women deserve financial security. Going through a separation or divorce is hard enough. When a woman’s economic security is threatened, the stress can become overwhelming. Nikki’s goal is to help women feel confident, inspired, and ready to take control of their financial futures during one of the most challenging times of their lives.

In this conversation, Jennifer Hurvitz interviews Nikki Tucker, a financial professional and mom, about the importance of financial security in relationships. They discuss the impact of money stories on individuals and relationships, the need for financial compatibility, and how to approach money conversations in relationships. They also touch on red flags in money-related relationships and the importance of teaching children about money from a young age. In this conversation, Jennifer and Nikki discuss the importance of financial conversations in relationships, including the role of upbringing and prenuptial agreements. They also touch on the benefits of keeping finances separate and the need for financial education before marriage. Nikki shares information about her programs for those considering divorce and for post-divorce financial support.

Takeaways:

• Money stories, shaped by our experiences and emotions about money, have a direct impact on our daily lives and relationships.

• Financial compatibility is crucial in relationships and should be discussed early on.

• Regular money conversations in relationships help create a safe space for discussing finances and building financial intimacy.

• Red flags related to money in relationships should be taken seriously, especially if they involve character issues.

• Teaching children about money from a young age, including giving them structure and teaching them about budgeting, can set them up for financial success in the future. Financial conversations are crucial in relationships and can be influenced by upbringing.

• Prenuptial agreements can help reduce money fights and make divorces easier.

• Separate finances can provide autonomy and protection in a relationship.

• Financial education before marriage is essential to avoid future financial issues.

• Nikki offers programs for those considering divorce and for post-divorce financial support.

 

Chapters 

00:00 Introduction and Guest Bio

02:05 Understanding Money Stories

06:00 Starting Money Conversations in Relationships

09:07 Recognizing Red Flags in Relationships

12:33 The Importance of Financial Compatibility

14:21 Teaching Children About Money

17:00 The Influence of Upbringing on Financial Conversations

19:12 The Role of Separate Finances in Relationships

21:35 The Need for Financial Education Before Marriage

 

Find Nikki here: https://thefiirmapproach.com/

Doing Relationships Right h