Family Financial Communication Workshops

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Family Financial Communication Workshops

Inspired by a conversation on:

Money For Couples with Ramit Sethi

Money For Couples with Ramit Sethi

225. “We’re losing $5k/mo. Where is it all going?”

Host: Ramit Sethi

Timestamp: 01:36:00 - 01:37:00

Listen to Episode • View Podcast • All Ideas from Money For Couples with Ramit Sethi

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Feather Flow

Direct Quote

"You need to actually hand them in part to David. It requires you when you hand it over to tell him what you want."

Market Gap

Families often lack effective communication about finances.

Many families experience difficulty in discussing financial matters, leading to misunderstandings, stress, and emotional strain. In the episode, LaShawn feels overwhelmed managing the family's finances alone, while David is willing to help but remains uninformed. Current solutions to financial communication often lack structure and support. The impact of this problem can result in missed opportunities for collaboration and shared goals, ultimately affecting the family's overall financial health. As discussions about financial literacy and family dynamics evolve, there is a growing need for workshops that foster open communication about money.

Summary

This idea involves creating workshops aimed at families to improve financial communication and teamwork. These workshops would provide structured discussions, practical tools, and resources to help family members openly talk about finances, set shared goals, and develop a unified financial strategy. The workshops might include interactive activities, role-playing scenarios, and expert advice on budgeting and saving. The target audience would be families, particularly those facing transitions or challenges in financial management. By fostering a positive environment for discussing finances, families can better align their financial goals and build stronger relationships.

Categorization

Business Model
Community
Target Founder
Subject Matter Expert
Difficulty
Medium
Time to Revenue
6-12 months
Initial Investment
< $10,000

Scores

Clarity
9/10
Novelty
8/10
Feasibility
7/10
Market Potential
8/10
Evidence
8/10
Overall
8/10
Found on September 9, 2025 • Analyzed on September 9, 2025 11:25 AM

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