Transcribed
What We Didn't Learn About Money Growing Up
Aug 17, 2024 ·
16m 39s
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What We Didn't Learn About Money Growing Up
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Description
What We Didn't Learn About Money Growing Up Join hosts Corinthus Alston and Leon C. Wilson as they discuss the stark realities of growing up without a solid understanding of...
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What We Didn't Learn About Money Growing Up
Join hosts Corinthus Alston and Leon C. Wilson as they discuss the stark realities of growing up without a solid understanding of money. From learning nothing about budgeting, bills, and saving to realizing the impact of these gaps in financial education as adults, this conversation is both eye-opening and relatable.
Key Points:
-Recalling growing up without learning basic money management, as their parents managed finances privately without discussing the details.
- Examines how financial habits, or the absence of them, were passed down through generations, often resulting in poor money decisions.
- Discuss how their parents' potential shame over not earning enough contributed to the secrecy surrounding household finances.
- Highlights how moving into the middle class affected their families' financial situations, including homeownership and managing mortgage payments with rental income.
- Stresses the importance of teaching financial literacy to their children early, offering practical tips for involving kids in money discussions.
- Discuss how today’s teens, despite earning money, often lack a clear understanding of living expenses and financial responsibility.
show less
Join hosts Corinthus Alston and Leon C. Wilson as they discuss the stark realities of growing up without a solid understanding of money. From learning nothing about budgeting, bills, and saving to realizing the impact of these gaps in financial education as adults, this conversation is both eye-opening and relatable.
Key Points:
-Recalling growing up without learning basic money management, as their parents managed finances privately without discussing the details.
- Examines how financial habits, or the absence of them, were passed down through generations, often resulting in poor money decisions.
- Discuss how their parents' potential shame over not earning enough contributed to the secrecy surrounding household finances.
- Highlights how moving into the middle class affected their families' financial situations, including homeownership and managing mortgage payments with rental income.
- Stresses the importance of teaching financial literacy to their children early, offering practical tips for involving kids in money discussions.
- Discuss how today’s teens, despite earning money, often lack a clear understanding of living expenses and financial responsibility.
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