SUMMARY:

In this episode of Mommasota, Monica Eickman discusses the impact of money on motherhood with financial therapist Lindsey konchar. They explore the concept of financial therapy, the influence of childhood experiences on money habits, and the importance of financial self-care for moms. The conversation delves into practical ways to achieve financial goals and navigate healthy money relationships within the family. The conversation covers a range of topics related to personal finance, intentional spending, and empowering moms to take control of their finances. It emphasizes the importance of vulnerability, communication, and aligning spending habits with values. The speaker shares insights on intentional spending, financial therapy, and the significance of dreaming together as a couple. The conversation also delves into the challenges and opportunities of financial independence and stability for moms.

KEY TAKEAWAYS:

• The impact of money on motherhood and parenting is significant, influencing stress levels, mood, and interactions with children.
• Childhood experiences play a crucial role in shaping money habits and behaviors in adulthood.
• Financial self-care is essential for moms, involving money dates, goal setting, and nurturing a healthy relationship with money.
• Open and vulnerable conversations about money within the family are crucial for building healthy money relationships and reducing conflict.
• Practical steps, such as setting financial goals and prioritizing spending, can help moms achieve financial wellness and balance in their lives. Vulnerability and open communication are key to discussing money matters with a partner.
• Aligning spending habits with personal values and priorities is essential for intentional value-based spending.
• Financial therapy and one-to-one coaching can provide valuable support in understanding and managing personal finances.
• Empowering moms to take control of their finances is crucial for achieving financial independence and stability.
• Dreaming together as a couple and making intentional choices can lead to transformative changes in financial habits and priorities.

CHAPTERS:

00:00 The Impact of Money on Motherhood and Parenting

03:14 Understanding Childhood Experiences and Money Habits

07:01 The Importance of Financial Self-Care for Moms

22:24 Empowering Moms: Financial Independence and Intentional Spending

32:17 Navigating Financial Therapy and One-to-One Coaching

34:53 Aligning Spending Habits with Values and Priorities

GUEST RESOURCES:

Facebook -https://www.facebook.com/lindseykonchar/

Instagram - https://www.instagram.com/copingwithlindsey/