• What We Didn't Learn About Money Growing Up

  • Aug 17 2024
  • Duración: 17 m
  • Podcast

What We Didn't Learn About Money Growing Up

  • Resumen

  • 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.
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