Chelsea Brennan on Helping Your Family Have a Positive Relationship with Money

Our thoughts determine our feelings which ultimately influences our actions. When our thoughts are not rooted in truth we end up making decisions that don’t move us in the direction of the life to go. This is true in all areas of our life, even in our money life.

In this episode you’ll hear:

  • Things that create a negative relationship with money and how to change it 

  • What shame-based financial education looks like and why doesn't it work

  • A few things to consider when creating money goals for our family

  • Some practical tips and encouragement for the listeners that have money goals that they are trying to reach.

Key Points:

  • Changing our money mindset is an ongoing practice. 

  • When we're trying to raise kids with a positive money relationship, our words make a big difference.

  • Identifying your values, especially your money values, helps you create consistency in your home. 

  • Complicated allowance or budget systems don’t work and confuse kids. Create something you can remember and write it down.  

  • Saving is future spending. It means you get bigger things you couldn't normally get.

Where you can find our guest:

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{Rebroadcast} Forget About Setting Goals for Your Family. Focus on This Instead

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Lauren Ellman on How to Exist with Technology and Maintain Good Mental Health