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Episode 11: Picking up the pieces
On this episode…
When you lose your business, your marriage and your home in the middle of a recession, how do you hold it together? And more importantly, how do you find a way forward? Mother and son, Beth and Gordon, discuss picking up the pieces after their family’s financial implosion and how tackling their money issues as a team transformed their relationship and their approach to money.
This episode’s expert is Bari Tessler, Financial Therapist and author of The Art of Money: A Life-changing Guide to Financial Happiness. Bari unpacks Beth and Gordon’s “money story” and offers tips for how parents can approach financial uncertainty with their own kids.
When dealing with a financial issue as a family, focus on open communication and a common goal.
Understand your money story: how your upbringing and experiences could be impacting your current relationship and behavior around money.
When discussing family finances with kids, try to be as transparent as possible while providing age-appropriate context.
The views and opinions expressed in this podcast are those of the speakers at the time of recording and are subject to change as market and other conditions warrant. This podcast is for informational purposes only and is not intended to be, nor shall it be interpreted or construed as, a recommendation or providing advice, impartial or otherwise, regarding any specific product or security.
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Unless otherwise noted, the speakers are not affiliated with John Hancock and they may have been compensated for their time.
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