Bombshell Business Podcast With Amber Hurdle

Today on the podcast I sit down with financial advisor Lori Sackler to tackle a universal issue: money. Lori is the author of The M Word, a book that “guides readers through mindful conversations that help families communicate dispassionately about money matters through all of life’s transitions — changes in financial circumstances, remarriage and merging families, retirement, preparing heirs, and transferring wealth.” Her knowledge on this subject is substantial, and extremely needed, as she shared with us that currently there is a 70% failure rate in transferring assets across generations due to breakdowns in trust and communication. Wow! It sounds like it is time for all of us to learn how to engage in familial money conversations immediately. Lori shares:  When and why you should be having money conversations Her 5 Steps to engage in money conversations Step 1: Identify the transition you’re facing Step 2: Prepare the inner landscape Step 3: Prepare the outer landscape Step 4: Ask for help Step 5: