Launching Financial Grownups with Bobbi Rebell

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#016.  Today’s guest is Bobbi Rebell.  Bobbi and I talk what inspired her to write her latest book “Launching Financial Grownups” and we get real about some of the challenges and struggles that she has had in raising her teenagers/young adult children as it relates to guiding them on making smart money decisions.  We talk about why teen/young adult children are taking longer these days to become independent adults compared to generations ago.  

We get into why parents are artificially propping up lifestyles for their young adult children and the unintended message parents send to their young adult children when they support them.  And we talk about strategies on how we can avoid this.  We discuss why it is important to have a clear exit strategy if your adult child is moving back home with you and how the pandemic impacted relationships between parents and their older kids.  We dive into how being vulnerable and open about the money choices we as parents make can help teach kids about money.  And we dig into strategies parents can use when talking to their grown kids about money, especially when they seem to think they know better.  We also get into challenges that parents face in letting their adult children go from a financial dependence perspective, especially since these children are wrapped up in our identity.

Show notes and more at:

https://moneydadpodcast.com/session016

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