What are your current frustrations and concerns about your finances today? What isn’t working for you? If you are part of a couple, what do you argue most about?
This process will be an investment of your time, energy and money. What specific goals do you want to accomplish in our work together to make this “worth it” for you?
What processes or practices, if any, do you engage in to make money work in your life? Examples are things such as, regular (weekly) dates with you and money, setting money-life goals and measuring your outcomes, creating a monthly cash flow plan and tracking your progress against the plan, monitoring + documenting your investments monthly…knowing the trends, journaling about your money beliefs, things of this nature.
Pretend you have a magic wand and in one big swoosh you could change your money-life picture to whatever you wanted it to be…describe what you would create.
How does money flow in your lives? List out and describe the purpose of each of your regular bank checking and bank savings accounts.
Share with me your money life goals and tell me about the behaviors you have in place that support you meeting those goals. Tell me as well about your goals and behaviors that don’t match up.
Financially speaking, what are you most proud of?
What is your biggest irritant or resentment when it comes to money?
What patterns or conflicts have you observed happening in your life with money? How have these patterns affected your wellbeing?
Imagine you + money sitting in a room together in comfy chairs. Money begins a conversation with you, telling you what it has been like to be in relationship with you…what would money tell you?
My biggest financial fear is:
I would describe my relationship with money as:
I’d love to have more money, but:
Me + money are like:
I feel money shame around:
One reason I would want to create more money in my life is:
The biggest money lesson I learned from my dad was:
The biggest money lesson I learned from my mom was:
My family (growing up) spent the most money on:
For me, being rich means:
Mail is opened daily and sorted
Bills are paid on time, late payments are rare
Some bills are not paid on time and become debts
I am aware of the relationship between my monthly expenses and monthly income
I make sure that my inflow of money is greater than my outflow of money each month
I know how much money I bring in monthly from my work or other sources
I create a monthly cash flow plan and track against it
I analyze my spending patterns and know my spending triggers
There is room for improvement in how I plan, track and analyze monthly cash flow
I am good at financing my needs before my wants
I plan my month to make sure that throughout the month, money flows easily and I do not suffer cash flow constrictions
My dollars nourish and fund my deepest values
Saving money is a habit for me
I have investment accounts such as IRA’s, 401K’s, 403B, etc
I have an account just for periodic expenses, a “save to spend” account for things like car repairs, summer camps, holidays, insurances, taxes
I have an emergency fund of 6 months of income easily available in a bank savings account, money market or certificate of deposit
I track my investment portfolio monthly, aware of the ups and downs
I understand the difference between saving and investing
If I don’t have the money for a purchase, I save for it rather than place that expense on a credit card
I have obstacles that keep me from saving money
I earn to my full potential and receive market value for my services
I earn enough to live within my means, save for retirement and have money left over to have fun
I receive raises on an annual basis
Bonus money can be counted on annually
Earning money is something I do very well
Annual raises get gobbled up in expanding lifestyle choices
I have adequate auto coverage
I have $___________ term life insurance coverage
Short and Long term disability is in place through employers / individually funded
I have adequate health insurance
I have umbrella insurance
I have renter’s / home owners / flood / earthquake insurance
I have long term care insurance
I have professional liability insurance
I review all my insurance policies annually, to make sure I get the best rates and coverage that is best for my particular situation
I can locate all of my insurance policies
Names of beneficiaries are up to date on policies
I have a written / photographic / video-taped record of household goods
I have a living will and trust
I have durable power of attorney for health care and finance
I have communicated with loved ones where important paperwork is in case anything happens to me
My living trust documents are current and up to date
I am current with federal and state taxes
I am free of liens on my property
I usually receive a yearly tax refund
I have a tax repayment plan in place with the IRS / State
I pay quarterly taxes on time and in full (business owner)
I can easily locate copies of the last 3 years income tax returns
My credit score is:
I have a relationship with credit where I go into revolving credit card debt, get out and repeat the cycle many times
I check credit card statements against purchase receipts
I pay off my credit card charges the same month the charges are incurred
I check my credit report about every 3-6 months to make sure statements are accurate
I have lists of my credit card numbers and whom to contact in case they are stolen
I know the exact amount of debt I owe
I know the annual amount of interest I pay on each debt
I want to eliminate my debt
My debt limits my life choices
The major reason I use credit cards is to accumulate air miles
I use my credit cards to supplement my earnings, because my earnings don’t cover my regular monthly expenses
I have a past history of bankruptcy
I realize using credit cards gives me the illusion I have more to spend than I actually do
I know my financial net worth.
My financial net worth is:
I create yearly goals and figure out how to finance those goals without going into unsecured debt or eating away investments
I have weekly money meetings to discuss cash flow and other family money matters needing attention
I take responsibility for the behaviors (thinking, emotions, actions) I practice that creates my current money picture
I enjoy the details of managing my cash flow
I do what I want in my life regardless if I can afford it or not
I am good at knowing what my dreams are and trying to achieve them in a balanced way
If you are human, leave this field blank.