The answers tell me more than a pile of bank statements ever could
Lauren Lyons Cole is a financial planner in New York City
She finds the answers to those questions give her insight about how client spends and saves, and how to craft a strategy to help them get what they want.When I start working with a new client, I need to know everything — and I mean everything — about their finances. From monthly expenses to account balances to credit card interest rates, no detail is too small.
But, truth be told, I have an ulterior motive for asking this question. What you buy at Starbucks reveals something to me about how you spend your money.
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