Episode 3: Money Date: How to do it and why it's important
Welcome to the Kendra Nicole Podcast, where we explore the realms of business, entrepreneurship, and a touch of motherhood. Hosted by Kendra James Anderson, a business veteran with over 20 years of experience.
In this episode of the Kendra Nicole podcast, Kendra discusses the concept of "money dates" — a dedicated time each week to review finances. She emphasizes the importance of having clarity, confidence, and consistency in managing one's finances. Kendra shares her personal approach to money dates and guides listeners through the process.
Here are some key points talked on the episode:
● Money Date Origin: Kendra's inspiration from years of practice and a client's inquiry.
● Trademark Consideration: Humorous contemplation of trademarking "money date."
● Personal vs. Joint: Emphasis on individual money dating before joint discussions.
● Consistency is Key: Advocacy for weekly money dates for confidence and routine.
● Expense Pre-Work: Guidance on listing and categorizing expenses by frequency.
● Income Pre-Work: Listing income streams.
● Magic of Money Date: Crucial moment of comparing income to expenses.
● Goal Review: Encouragement to review and adjust financial goals, celebrating wins.
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