With so much media making its way into our daily lives we can sometimes forget that parents are still the #1 role models for their children. This is also true when it comes to modeling a financial foundation for children that will affect them for the rest of their lives.
In today’s episode, we’re doing a continuation of Episode 12 by diving into my past and my mother’s past to see how a single family (mine) built their generational financial foundation. Hint: There was no wealth-building involved.
Show Notes:
Discussed in this episode:
- Second Generation FIRE
- Generational poverty
- The importance of parental role models and financial acumen
- Anxiety and money
- Single mothers
- Teenage pregnancy
- Dropping out of high school
- My colorful and generational journey financial backdrop
Noteworthy links:
- Episode 13: Second Generation FIRE, Parental Role Models, And Rat Poison
- Episode 1: How Parents Influence Your Relationship With Money
- If You Can’t Retire Early, Retire Rich Instead
Have a question or want to give us some awesome feedback? Email us at themadmoneymonster@gmail.com
