Master Money Without Losing Identity
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Description
In this episode of Smart Money Parenting, the hosts discuss how to master money without losing your identity. They are joined by Financial Expert and Writer of "Investing is your Super Power" ; Empowered Planning, Shinobu Hindert, who shares her insights and expertise on the topic. The conversation explores the importance of not tying money to one's identity and focusing on underlying values. They also discuss the hurdles that parents face in managing their own finances and teaching their kids about money. This episode offers valuable advice and guidance for parents seeking to navigate the world of personal finance. Biggest hurdles for parents in managing finances: lack of time and decision fatigue Advice for parents who are intimidated by personal finance: start with the basics, be transparent about current financial situation, and set future goals Importance of automating financial decisions and creating a roadmap for financial planning Teaching kids about money: explaining the impact of money in everyday life, encouraging open conversations about money, and answering their questions Success story of a client who gained confidence and paid off debt through empowered planning Importance of understanding one's money story and money mindset Having conversations with spouses about money: understanding each other's values and financial priorities, avoiding conflict, and finding common ground Removing identity from money and focusing on underlying values and goals Mentioned in this episode  https://www.empoweredplanning.com/  gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Shinobu Hindert on LinkedIn: https://www.linkedin.com/in/shinobu-hindert Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott  Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
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