How much do our parents' money habits shape our own financial behaviour? Turns out, quite a lot. In this episode, host Lee Kim Siang sits down with Audrey Tan, co-founder of PlayMoolah, a financial education company, to talk about how the money narratives we inherit hold us back from achieving our financial goals. Plus, we hear from Edwin Ooi, senior financial advisory specialist at MoneySmart, about the shocking results from their recent survey.  Synopsis: Every first, third and fifth Monday of the month, The Business Times breaks down useful financial tips. Highlights of the conversation:  01:59 What are money narratives? 03:55 How our parents influence our financial habits 07:18 Breaking the intergenerational cycle 09:49 How to teach our kids about money Find out more:  https://www.moneysmart.sg/credit-cards/how-parents-influence-our-financial-habits-ms --- Now, we want to hear from you! Send us your questions, thoughts, story ideas, and feedback to [email protected]. We’ll look into it for future episodes. --- Hosted by: Lee Kim Siang ([email protected]) With Edwin Ooi, senior financial advisory specialist, MoneySmart; and Audrey Tan, co-founder, PlayMoolah Edited by: Emily Liu & Claressa Monteiro Produced by: Emily Liu Engineered by: Joann Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media Follow BT Money Hacks podcasts every first, third and fifth Monday of the month: Channel: bt.sg/btmoneyhacks Amazon: bt.sg/mham Apple Podcasts: bt.sg/oeXe  Spotify: bt.sg/oeGN  YouTube Music: bt.sg/mhyt Google podcasts: bt.sg/oeGP  Website: bt.sg/moneyhacks Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  --- Discover more BT podcast series: BT Mark To Market Podcast at: bt.sg/btmark2mkt  WealthBT at: bt.sg/btwealthbt PropertyBT at: bt.sg/btpropertybt BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/pcOM BT Branded Podcasts at : bt.sg/brpod BT Lens On: bt.sg/btlenson See omnystudio.com/listener for privacy information.