Money Tree Investing

← Money Tree Investingvor 5 Tagen · 54 Min.

The Childhood Money Lessons You're Still Living By

The Childhood Money Lessons You're Still Living Byvor 5 Tagen54 Min.

Kalee Boisvert joins the show to discuss the childhood money lessons that are shaping our money beliefs and emotional relationship with finances. She explains why finding a balance between preparing for the future and enjoying life today is so important, how fear and scarcity can prevent people from spending even when they have more than enough, and why money should be viewed as a tool for creating meaningful experiences and freedom. We also talk the generational differences around saving and spending, the pressure of keeping up with others, teaching children healthy money habits, and practical ways to recognize and change limiting "money scripts" so financial decisions better align with what truly matters.

We discuss...

How childhood experiences and messages about money can create lasting beliefs around scarcity, self-worth, and financial security. Why people should examine their "money scripts" and recognize which beliefs from childhood may no longer serve them. The challenge of balancing saving for the future with spending money and enjoying life in the present. Money is a tool for creating experiences, freedom, and the life you want rather than something that should simply accumulate in a bank account. How fear of running out of money can prevent retirees from enjoying their wealth even when they have more than enough to last. Generational differences in saving and spending and how older generations often prioritized saving while younger generations may prioritize enjoying money sooner. Why people should focus on what they actually value instead of spending money to keep up with others or accumulate things they do not truly enjoy. How parents can teach children healthy money habits by talking openly about money, providing context around prices, and teaching the value of giving. How gratitude and recognizing what you already have can help reduce the constant feeling that you need more money to feel secure. Why even extremely wealthy people often believe they need more money before they will finally feel financially secure. Practical ways to change negative money patterns by acknowledging past lessons, letting go of outdated beliefs, and creating more positive internal conversations about money. The importance of identifying what you really want from life because goals such as a bigger house or more money may actually represent desires for freedom, time, experiences, or less stress. Today's Panelists:

Kirk Chisholm | Innovative Wealth Barbara Friedbe