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...
show more
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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