Show Me The Money: Talking to Your Kids About Finances
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Abbey Henderson, CEO, Wealth Advisor & Coach at Abaris Financial Group, connects resources with aspirations to help clients realize their objectives and establish lasting legacies. Her background includes degrees from Dartmouth, Boston University, and Boston College. Transitioning from accounting, she established Abaris Financial Group in 2001, integrating financial acumen with life coaching. Abbey holds CFP, CAP, and AEP certifications.
This episode features Abbey's expert coaching tips for parents navigating their high schoolers' first jobs or college grads' post-dorm life, offering actionable advice and reassurance on raising financially literate young adults.
Together, they explore candid family money conversations, how technology (like Apple Pay and DoorDash) impacts kids’ money habits, and how to balance financial support with letting teens learn from manageable mistakes. If you ever wondered whether to send your child to an out-of-state school, or how to help them build credit responsibly, this is the episode for you.
Takeaways
- Start money conversations early
- Prioritize giving kids hands-on experience with budgeting
- Don’t sacrifice your own retirement for college costs
Timestamps
00:00 "Discussing Financial Literacy for Grads"
04:35 From Tax to Financial Planning
09:43 Teaching Kids Financial Trade-offs
11:57 Kids and Cashless Transactions
16:37 Early Financial Habits for Kids
18:29 Navigating Economic Peer Pressure
23:26 Financial Planning Strategy: Incremental Investments
26:34 "Prioritize Retirement Over College Funding"
28:13 "Untrained Financial Conversations"
33:21 Engaging Kids in Financial Learning
34:42 Parental Relationship Dynamics
🔗 Connect with Abbey Henderson:
Email: [email protected]
Podcast: Wealth Beyond Riches
🔗 Connect with Jessica Anger and Carrie Wiesenfeld:
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