Navigating the Sandwich Generation

Author: Personawealth, Inc.
Published: Thu 09 Jan 2025
Episode Link: https://shows.acast.com/homeec/episodes/navigating-the-sandwich-generation

Overview

Target Audience: Those facing the challenges of caring for children and aging parents
Focus Areas: Financial health, caregiving, and family dynamics
Key Themes: Personal wealth management, intergenerational relationships, emotional well-being

Construal Level Theory: A social psychology theory that describes how people represent objects, events, or situations, based on their perceived “psychological distance.” In other words, depending on how near or far the concept feels in relation to time or physical space (e.g., retirement in 30 years or physically looking at houses you are interested in buying) you may think about it in more abstract or concrete terms.
Genogram: A detailed family diagram that goes beyond a traditional family tree to map out relationships.

"The value modeled for me from the women in my family is about welcoming people in, caretaking and burning out.” - Moraya

1.Complexities of the Sandwich Generation

2.Understanding Money Attitudes

3.Navigating Family Systems

4.Building Support Systems

Discussion prompts. If you want to battle shame and lean into deeper change, share and process it with a friend, instead of trying to fix it.

How did your family talk about money when you were a child?
What's one money value from your upbringing that doesn't fit with who you are today?
Which money lessons from your childhood have you chosen to keep?
How does your financial upbringing compare to your partner's?
If you could go back to have a conversation about money with your family, what age and topic would you choose?
What's the most important message about money you want to teach your children?