Episode 42: Teaching kids (& parents!) about money

In this episode of Parent Like a Psychologist, my guest, Alpha Schulte, shares her journey from corporate tax accounting to financial planning, where she now helps individuals navigate their personal and business finances. This episode is part of a series with Alpha Schulte, in which we explore the parallels between managing a family and running a business, highlighting the importance of understanding money management from an early age.

We also explore questions such as: How did her professional journey unfold, transitioning from corporate tax accounting to financial planning? What role does intuition play in managing finances, and how can individuals harness it to make better financial decisions? Can you elaborate on the concept of "money stories" and how they influence our attitudes and behaviours towards money?

How can individuals address negative energy or blocks surrounding money, and what practical steps can they take to cultivate a more positive relationship with their finances? In what ways can families open up conversations about money, and how can parents effectively teach their children about financial literacy? How can couples with differing money management styles align their financial goals and strategies? Can you share any insights or anecdotes about clients who have successfully transformed their financial mindset and behaviours?

What strategies do you recommend for individuals looking to develop a clearer understanding of their financial goals and priorities? How do you view the role of budgeting in financial management, and what approaches do you suggest for creating and sticking to a budget? What key takeaways can individuals adopt to improve their financial well-being and build a healthier relationship with money?

Let’s discuss these questions in detail.

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