Teach Your Kids About Finances Before Marriage

#033 Following the money printing done to alleviate the impact of job loss during the pandemic, inflation is expected and is already being experienced with the cost of goods going up. Also, people who saved a lot are now spending much more, and this is also driving up the cost of living. Jennifer advises that in anticipation of the looming inflation, families should be rational, take a step back, be patient and make sure they make decisions they are confident about. The first step for most people is to avoid major unnecessary purchases, and consider cheaper alternatives in daily purchases. Jennifer notes that most often it's the bigger expenditures that create financial difficulties for people.

For complete Show notes go to Raising Financial Freedom

-       "Whenever there's something intimidating or a little frightening... take a step back, and take a deep breath, and use your most rational self"

-       "There are people who walk into marriage without knowing if their partner has debt or assets, and they don't realize that marriage is a legal contract" 

-       "When I see parents, there's often the intentional lessons… and sometimes the kids get those lessons, but always the kids just pick up from what you do day in and day out" 

 In This Episode:

·         [01:39] Meet today's guest, Jennifer Sahady.

·         [02:08] What are your thoughts on inflation as a possible impact of the money printing that was done due to the pandemic?

·         [03:36] How can a family can prepare for this inflation?

·         [05:16] Jennifer shares her thoughts on marriage and divorce today as the root of her TEDx talk.

·         [07:33] What are the damaging effects of divorce on finances? 

·         [010:33] About Prenups and the process of divorce.

·         [12:41] What skills can parents teach their children to prepare them for marriage in relation to their finances?

·         [14:34] What role did money in marriage play in developing your philosophy?

·         [16:59] How did you get started in finances?

·         [19:38] What steps can a parent take now to put their children on the right road when it comes to marriage and money?

·         [22:06] What checklist items should be checked by young adults before getting married?

·         [23:21] What is the biggest challenge for young couples when it is time to meld their finances together?

·         [25:32] What is the best piece of advice you can give to young couples?

·         [27:15] How to contact Jennifer

 Links Mentioned: 

• Jennifer's Website: www.jennifersahady.com 
• Jennifer's  LinkedIn Page: Jennifer Sahady
• Jennifer's  Email: jennifer@jennifersahady.com
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom 
• Like us on Twitter: https://twitter.com/RF_Freed

Transcript

[00:00:00] Eric: [00:00:00] Parents raising financial freedom is back here for easy direction for your child's financial perfection. This week show, we have a guest. Her name is Jennifer . Now Jennifer is a public speaker on financial empowerment and financial wellness. Jennifer is also a TEDx speaker and today's show is definitely going to highlight.

[00:00:24] In today's show, we're going to learn what financial tools and methods your child can use before marriage. I know as a parent, you wish that your child would have a long marriage, right? Looking at the divorce rate, the numbers are against them. So let's get right into it and 

[00:00:43] Host Daughter: [00:00:43] come on, dad, stop playing around and play the music.

[00:00:46] Eric: [00:00:46] Sheesh, tough crowd.

[00:00:54] Introducer: [00:00:54] Have you ever wondered why some people seem to have it all financial. Do well-off parents simply hand their [00:01:00] children money or is there more to this welfare? Welcome to raising financial freedom. The podcast, we are here to talk about everything you never knew to teach your children when it comes to starting their financial future, the principles behind wealth and methods that are out there for teacher child.

[00:01:16] Personal financial freedom. There was no real trick to earning other than learning. We are here to discuss, teach and grow with you. Raising financial freedom, the podcast with your host and concern here, Eric yard. Let us get right into today's show.

[00:01:36] Eric: [00:01:36] Welcome to another show of raising financial freedom today, I would like to welcome Jennifer Sidey.

[00:01:50] Jennifer, how are you doing today? 

[00:01:53] Jennifer: [00:01:53] I am amazing. I miss the sound of applause, even just audio applause. I miss being in groups and around [00:02:00] people. So that was a beautiful, welcome. No 

[00:02:02] Eric: [00:02:02] problem. Anytime for my guests. So Jennifer with what's, let's talk a little news with all that's happened with Corona virus and all the printing that was done.

[00:02:14] All the money printing that was done. Wow. I'm starting to feel a little bit of inflation. What is your thoughts on 

[00:02:23] Jennifer: [00:02:23] it? Yeah, not only are you correct in noticing that there is inflation, but I love that you tied it back to what had happened, right? When you print money, inflation is a natural next step. So it makes sense.

[00:02:39] And we are all failing, not just in gas prices, but also in grocery prices. And you also have more happening as well in the world because some people did manage to save a lot of things. And the last year, while other people were not the ones who were our spending aggressively and driving up [00:03:00] prices and that way as well.

[00:03:02] So there's the inflation impact. There's some pent up spending impact. Everything is very expensive right 

[00:03:08] Eric: [00:03:08] now. Any suggestions on how a family should fight against it or prepare themselves for it? 

[00:03:15] Jennifer: [00:03:15] One of the things to me, whenever there's something. Intimidating or a little frightening is to take a step back and take a deep breath and use your most rational self.

[00:03:26] So I think a lot of people in the housing market and a lot of people who are looking for vacations right now, there's this urgent need to. Offer a lot more to do a lot more. And I think there's going to be a lot of buyers remorse. So my first suggestion is always take a step back and try to think with a super rational mind, be patient, do the math and make sure you're making a decision that you feel comfort.

[00:03:54] Okay. Okay. 

[00:03:55] Eric: [00:03:55] I guess I just have to make my money stretch 

[00:03:58] Jennifer: [00:03:58] so that as well, when it comes [00:04:00] down to really looking at. How to make your money last more. There's a lot you can do there too. I think the first step for most people though, is to avoid major unnecessary purchases. And then if you are already there, if you were already living super practically, then you'd have to look into some more creative strategy.

[00:04:19] Is there are things as specific as dried beans, as opposed to canned and frozen over fresh right equal nutritionally. Little things like that can go a long way, but it's often not that stuff that catches people up. It's the bigger decisions that the small 

[00:04:38] Eric: [00:04:38] steps that add up to something big is what you're 

[00:04:40] Jennifer: [00:04:40] saying in that the small steps can.

[00:04:42] But oftentimes when I talk to people and we look at like the nitty gritty, most people have gotten really savvy about the little stuff and it's the big stuff that's getting them. All 

[00:04:51] Eric: [00:04:51] right. Let's get into the little into the meat of things. I enjoyed first, let me tell everyone first and foremost [00:05:00] that, uh, Jennifer is a TEDx speaker and reason why I connected with her mainly is because of that TEDx.

[00:05:07] And it was so many points in there that spoken out that I just. Had to make sure that she was with us today in order to share her points. So Jennifer, with the numbers or marriage and divorce today, what can you tell me about 

[00:05:24] Jennifer: [00:05:24] that? Absolutely. So I can tell you that most people, when they get married, they're expecting things are going to work.

[00:05:31] That's why you get married. You're hopeful for that. And what I saw was a lot of times that wasn't happening. And my friend and family group with my clients. And I started to really research and look at the statistics and the numbers, and then dig into the why's right. Start to have a few more conversations of what do you think happened and what do you think could have saved?

[00:05:52] Or w how do you attribute the success to your long marriage? And again, money kept coming up. And at first it sounded [00:06:00] so strange because money is just, it's just simple addition, subtraction, sometimes multiplication and division, if you're ingesting, but it's basic math, we're not talking algebra or calculus.

[00:06:13] And it seems like that's such a strange reason for things not to work out, but when you, it come down to it, money really touches so many things. It touches equity, it touches fairness, it touches respect. It can even touch love, right? If you loved me, you would do this. And so I started learning more about it and I just, I wanted to share that point because I felt like many people didn't realize that there was.

[00:06:40] Obvious and glaring problem of money being a point of conflict, especially when it's not being discussed, that people didn't even realize was there. They often felt it was easier not to talk about it or better not to talk about it when in fact that was not the case. So there's that short-term discomfort of bringing it up or the [00:07:00] long-term discomfort of a financial stuff.

[00:07:03] Number 

[00:07:03] Eric: [00:07:03] one, what is the rate that you see with divorce and 

[00:07:06] Jennifer: [00:07:06] marriage? Differs all the time, but it hovers around 50%. 

[00:07:11] Eric: [00:07:11] Wow. She's 50%. Flippable man is, it seemed like there was numbers would get better or get worse. 

[00:07:20] Jennifer: [00:07:20] No. What I've noticed, it tends to be pretty consistent. At least it's not getting worse and that's mostly for our country.

[00:07:26] I haven't done a lot of races. Outside of our country. I'm sure it would be different. Uh, but from what I've noticed, it's generally been around that 50%. 

[00:07:34] Eric: [00:07:34] What are the damaging effects that the voice has on finances? 

[00:07:39] Jennifer: [00:07:39] Way too many. Yeah. So it's a ripple effect. So you have the immediate costs, of course, as the lawyers, which are a large.

[00:07:49] Part of the financial trouble, but even if you have an uncontested divorce, something that is simple paperwork and both people amicably split, [00:08:00] you might have to sell and split resources at inopportune times. And oftentimes this takes a strain on your career. So you might not be able to. High paying job.

[00:08:10] You might miss an opportunity for a promotion because you're not focused on your career. There's a lot of little ways that it can really affect things. Oh, 

[00:08:19] Eric: [00:08:19] I think one of the things that individuals, single people don't realize before. Married is that if you do get to force, I mean, it's a whole big process and I think they are unaware of that.

[00:08:33] How big is that process? 

[00:08:35] Jennifer: [00:08:35] It is a really big process. And the funny thing too is. People who have been through it. I don't know if it's this innocence that we sometimes maintain as a country, even divorced men and women who I spoke to when I told them I was looking at a prenup were surprised. No, you have to believe in love.

[00:08:56] Like you could do one or the other, either all in blindly. [00:09:00] Or you're destined to fail because you never trusted it from the beginning. And I thought about a prenup, like any other type of insurance, right? You buy car insurance because something might happen with your car. You buy health insurance because something might happen with your health.

[00:09:17] The statistics aren't a 50 50, but they're there. And they have a financial impact. And I felt the same way about a prenup. I felt when there was a breakup that's already tough. I don't know about you, Eric, but when I was younger and I was dating breakups for devastating, and I remember one of those times thinking, imagine if anybody's money involved with this, barely, even as a teenager, I had that thought.

[00:09:40] Oh, no, I'm just never going to get married. And then as I got older, I had a more mature thought of maybe there's a way to do this in a smart way, but we have to overcome a lot of social stigmas to do so. Right. Because number one, the first time you bring up a prenup, I would be shocked if the other person said you don't love me, [00:10:00] or you think I'm just trying to be with you forever.

[00:10:02] Right. There's all of these biases about what that means. And maybe it's not a prenup that works for you, but you should at least have a conversation. Maybe there are people who walk into marriage without knowing if their partner has debt or assets. And they don't realize that marriage is a legal contract.

[00:10:21] You've created a partnership, right? You have started a business with someone else. You have tied your names together and your records. If you want to buy a house, they're going to be looking. Both of your credit history is this stuff is going to come up at some point. So it's a really good idea to talk about it.

[00:10:38] And that to me is true. Love. I find something incredibly romantic about that, right? When you really marry someone and you're vulnerable enough to say everything about me, my full credit. I feel like that's true love and I'm an odd person, right? Maybe that's just a really dorky perspective, but I feel like that's true openness with someone else.

[00:10:58] And if no one [00:11:00] else that should be someone who will be impacted by it, how was it for you? Could you tell me more? How was that conversation? You also married, correct? I am. Yeah. And it was a super easy conversation. I had brought it up and I said, you think this is a good idea? And he said, yes, absolutely.

[00:11:17] But that's unusual. I came from the finance industry. He came from the insurance industry. We both know a lot about numbers and risk, and obviously I am myself it through, I don't know if any of you can hear my sincerity, but I assure you, like, I hear myself to a T. And so to me, that was a really important factor in choosing a partner.

[00:11:36] Was someone who I felt was similar to me, financial someone who was more likely to spend on a vacation than on decorations for a home, someone who, if they go out to eat, it's rarely, but it's big. And it's something really fancy. So we knew that we wouldn't have as many disagreements when it came to those day to day financial decisions, because we were already on the same page.

[00:12:00] [00:11:59] And that's something you never see in Disney movie is there even in romcoms, people are never like, oh my goodness. He also thinks McDonald's is expensive because why would you pay that or would be charming? I would love to make a financial rom com. I would probably be the only person who liked it, but I think there, there could be ways to bring this more into our friendships, our families, our culture.

[00:12:21] Cause it's just not there. It may be a little bit in frozen one where you had the sneaky prince trying to move in and move up in the world. 

[00:12:29] Eric: [00:12:29] Yeah. So let's turn back the clock a little bit. The individual, the young adult is looking to pop the question or just about to get married and let's turned back the clock way back to where this adult is now a child.

[00:12:42] What skills. Can a parent teach their children to prepare them for a marriage of fines. 

[00:12:50] Jennifer: [00:12:50] I love this question just the way you described it too, when you, I pictured the wedding and then the person got younger in my mind and I like instantly was like, mom, [00:13:00] child, let me give you everything you need. I love it.

[00:13:03] So for me, a lot of it is modeling. So if your child see is you and your spouse talking about money in a calm and easy way. Oh, what a gift that is, we're not taught to hide those things. We're not taught that's high tension, right? Just to have that in the background. I think a lot of times from my observation, Cause I'm not a parent myself, but I, I love many parents.

[00:13:30] In fact, I respect all parents because it's a really hard job. But when I see parents, there's often the intentional lessons like you see where they're like, this is how I'm going to teach my child. This is a lesson I want them to get. And sometimes the kids get those lessons. But always the kids just pick up from what you do day in and day out.

[00:13:50] So if you want your child to be really financially savvy, make sure you're talking to them about it. If you want them to think finances are fun and that these [00:14:00] conversations are just common, then make sure that's what you're doing in your household. So a lot of the people I work with, they'll either say, if they have adult children, they'll say, can you talk to me?

[00:14:09] Because they don't listen to me or they'll say, how can I be a better role model for my kid? And I love those conversations because that's a great mind space to be in, but not only want to be better for myself, but I recognize that there's a little version of me. Who's copying everything. I do. Like we are all going to turn into our mothers and fathers.

[00:14:30] So you have to be the best mother and father. You can be. 

[00:14:33] Eric: [00:14:33] Oh, that's good. Tell me how money in marriage played a part in developing yourself? 

[00:14:40] Jennifer: [00:14:40] Absolutely. So I can tell you for me, I saw my parents who are divorced and I saw a lot of other divorced couples in my previous career. I was a retirement education consultant.

[00:14:55] So maybe some of your listeners have met someone in that line of work. [00:15:00] At your company, you'd go to work and they'd say, oh, the person for the 401k or the 4 0 3 B is here today. And that'd be a group presentation. You'd have an opportunity to talk to people. One-on-one I love talking to people. So I had many thousands of opportunities, tens of thousands of opportunities to talk to individuals and every single divorcing stuck in my mind.

[00:15:21] And in mine, And when you'd see those conversations back to back with someone young and eager, it would be really hard not to share the lesson you just took in. So you'd have someone who is 50 and they would be a mid-level or a senior level executive. And they were on an amazing trajectory, but because they weren't focused on their marriage, because money became an issue, it then became a bigger issue.

[00:15:45] So they lost part of their 401k. They lost their trajectory at work, and they just looked brokenhearted. And broke and then you'd have someone come in right after them and that'd be 20 and eager and they'd be saving hard and they'd be doing all the right things. [00:16:00] And they would look at me with that eagerness and energy of youth.

[00:16:03] And they'd say, what else should I know? And before I did my Ted talk, I would always look around because this was not my job, but deepen my heart. I had to say it. I would say Mary. Carefully and make that love part of your job. And that was the roots of that Ted talk, because I realized, even though I was speaking to thousands of people, it just wasn't enough.

[00:16:26] I didn't want to hear about another case of someone who lost law that could have been saved, who lost money that could have been saved if they just had the conversation. But it's tough. Right? Cause if you didn't see your parents do it, if you. Guilt or shame around the topic of money. It's so hard to broach, but it's essential to get to that healthier place because if your finances aren't in order, it will ripple into everything else.

[00:16:54] You need to have a strong foundation and money, unfortunately. 

[00:16:59] Eric: [00:16:59] Definite [00:17:00] sense. So how did you get started in money and finance? 

[00:17:03] Jennifer: [00:17:03] It's funny. I feel like I might. Been born this way. My mom and dad tell stories about how I would play store instead of house. My sister would tell me how I rented my Barbie dolls too.

[00:17:16] Eric: [00:17:16] The entrepreneur. 

[00:17:18] Jennifer: [00:17:18] I think it was always this person, right? Like one of my dad's proudest stories was a day where. To buy. I remember very clearly it was a play food set. It was a cake set. I've always loved food. And he said, how much does it cost? And I knew, and he said, okay, that's three hours of work. And that was in addition to my normal chores.

[00:17:38] I didn't get an allowance. And he said, okay, let's see what we can find for you to do. And I think I painted a fence. Did some other things. And he took me to the store and then he said, okay, go and get it. Here's the money. And I was taking too long. So he came to look for me and he said, what are you doing?

[00:17:54] And I said, there were two play food cake sets and they have different pieces in different prices. So I'm trying [00:18:00] to figure out which one's the better deal by price per box. Like I felt like I was just always this kid and yet it was never formally taught to me. It was just that thing in the background.

[00:18:11] Like my parents would talk in whispered voices about the people who buy soda at restaurants. Can you believe that they spent $20 just on soda? That was the gossip in my house. And I was like, okay, so just bad. Don't be a soda drinker. I think if it had been more intentional, it would have been a faster process, but there were little weird things like money comes from earning it.

[00:18:33] No one's going to give you money. There were like little weird lessons that weren't specific, but I was raised that way. And then I went to Bryant university. It's a small business school in Rhode Island and across the street was fidelity and one of their major, uh, offices. And I got an internship there.

[00:18:49] And that was the first time I learned about 401ks and investing. And I was 21 years old and I got really mad. It was like, why am I only learning about this? [00:19:00] Now I have signed loans. I have debt. I am 21. And I'm just learning about investing. Like, where was this? I went to business school, like what's going on?

[00:19:11] And I think ever since then, I've been trying to fix that so much time lost and it's such an amazing opportunity. And I'm grateful that I learned it at 21. And I met so many people who met me at 30 or 40 and 50. And they're like, I'm glad I met you. I wish I had met you sooner. And I think we all feel that way.

[00:19:27] There's never too soon, but now it's always better than later. 

[00:19:30] Eric: [00:19:30] Definitely. Now is the best, especially if you're listening to my show, do it now. What action steps can a parent take with their children right now in order for them to be on the right road? When it comes to marriage and money. So 

[00:19:47] Jennifer: [00:19:47] the first step I would take is to sit down with your partner, your family, whoever are the common influences and have that discussion of what is it that we want to achieve and how do we want to go about it [00:20:00] so that there's some consistency.

[00:20:01] Right. So be really intentional about how are we going to teach the kids about this and how do we bring them in to financial conversations? What do we share versus what don't we share, knowing that kids share everything right? So you might want to, for example, have a lesson on. What minimum wage is and how you might be able to earn more, but you might not want to tell them exactly what you earn because there'll then go to school and say, my dad, or it's this much per hour.

[00:20:29] How much does your daughter, right. So like just being really thoughtful about those conversations. That, of course there'll be some trial and error, but I think the first step is talking to your partner. And the second step is thinking about the outcomes you want to have. Oh, right. 

[00:20:45] Eric: [00:20:45] A lot of sense. And how I look at it also is that when you're talking to your children, try to relate real world situations to them and try to relate it to your situation as much as you can without overstepping.

[00:20:59] Because [00:21:00] trust me, 

[00:21:01] Jennifer: [00:21:01] I relate it to that. Trust me, they know what might be real for you. It might not be real for them. Like talking at a kid's level can be tough and trust 

[00:21:09] Eric: [00:21:09] me, they know that he knows somebody. Yeah. Private business. You may not think it, but they know some. So bring him in, bring him in when it comes to 

[00:21:17] Jennifer: [00:21:17] money.

[00:21:17] So spot on Eric. I want to share with you when you said that it made me giggle and I remembered a presentation I did for a group of 10 to 13 year olds. And this 12 year old was chatting with me through the presentation that was like so impressed at how connected they were, despite never having met me despite being on a virtual meeting.

[00:21:38] And I was talking about a lesson and she said, oh, you should talk to my aunt. You're spot on. Like they noticed, and they're not shy. Like they want to know more, but they're going to be limited to whatever you expose them to. So 

[00:21:51] Eric: [00:21:51] Jennifer, remember that clock I was talking to you about before. Let's turn that dial up.

[00:21:56] And now this child is no longer a child. They are young [00:22:00] adults and they are about pop the question or they are about to receive the ring as a young adult. What kind of checklist should that? Both individual. Be checking off just before they get 

[00:22:15] Jennifer: [00:22:15] married. Excellent question. You had again, Eric. So one of the things I want people to think about is the difference between someone you're dating and someone you're married to because oftentimes the perfect person for you when dating isn't the perfect person for you when marriage.

[00:22:35] Right. And you're giggling, you know what I'm talking about as politely as possible. One of the things you want to think about is not, is this person fun? Is this person attractive? But also if you can get both, if you can get that and look for some of the things that will bring stability in chair, life, look for things that will help elevate you.

[00:22:56] Look for someone who you'd want to start a business. Someone who [00:23:00] would say, this is going to be my partner. I'm going to be responsible for what they do when they're not around. And they're going to be responsible for what I do when I'm not, when they're not around right. Recognizing that there's equal opportunity and risk in a marriage.

[00:23:15] And that's amazing, but with great power comes great responsibility. 

[00:23:20] Eric: [00:23:20] Definitely. What is the biggest challenge you would say for the company? When they come and it's time to Mel their finances together. 

[00:23:29] Jennifer: [00:23:29] So one of the big questions is what is fair. And I think the reason this is the biggest issue is because there's no set answer.

[00:23:39] So I'll give you an example. Let's say you and I were talking and we were S we were married and we're saying, okay, you earn a hundred thousand. And I earned 50,000. I would love to say women, I'm the one earning more, but that's just not normally the case. And that's unfortunately where I'm going. Do we say we split the mortgage or the rent 50 50?

[00:24:00] [00:24:00] Is that fair? And one way it's fair X we're both using half the space. We have equal responsibility, but another way other people might not say it. Because there's not equal in counts. And I am not in either camp. I won't say it should be proportionate to salary. I won't say it should be 50 50. I would say whatever works in your household is the right approach, but that's an important conversation to have in my relationship.

[00:24:26] I love theater. I just, I will spend money for things. I love it. My husband, not so much. So if we go out to theater, I pay, he has exquisite taste in food. We've gone to some very fancy restaurants. I don't want to know what he spent. I would never have spent it. He pays that. And that's how we found a bit of fairness.

[00:24:43] So the messages find fairness. In your relationship and check in every now and then. Cause oftentimes we're like, yeah, I'm cool with that. So just check in, be aware of body language, be aware of what other emotions might be tied to the [00:25:00] conversation, but absolutely have it right. And come up with your own version of fair that you feel really happy.

[00:25:06] Eric: [00:25:06] Wow. Yeah, yeah. Definitely need fairness in a relationship. But definitely as I think about it, I 

[00:25:12] Jennifer: [00:25:12] feel like that's the real issue when people say we split over money, I feel they're really saying is I didn't feel like I was treated fairly. We'll speak up.

[00:25:23] I agree with you. And the funny thing is that people get divorced over money and it's a very expensive place. So if you can figure it out and not get divorced, that is the 

[00:25:33] Eric: [00:25:33] better money. What's the best piece of advice you could give any young couple now looking to get involved with each other and going down that road of marriage.

[00:25:42] Jennifer: [00:25:42] Talk about some of the big topics before you get married. So when you, your first feeling someone out to see if they're even thinking about marrying you, right? Like you can ask, did you ever plan on getting married? Do you have a vision? For the marriage. Are you someone who would want a big [00:26:00] party or are you someone who would want a small intimate group when you think about where you're living in five years, describe it.

[00:26:06] What does that house look like to you and really listen. Don't like, look for the things you want to hear. Really objective. Listen, I can tell you, I met with one couple and they were deeply in love and everyone thought they were an amazing couple. And when they talked about their future, I suddenly felt really sad because I realized I was hearing two very different visions and they didn't know it.

[00:26:32] They didn't know they weren't on the same page, even as they were talking about it. Cause they were in love. You can be really blind to things when you're in love. So I was glad to be there and to let them know, okay, this vision you'd want to take these steps for, and this vision you'd want to take these steps for.

[00:26:48] A middle ground. What do you see? How would you work with these two visions that are different approaches? So having those conversations super important and make sure it's not miserable. So do something fun [00:27:00] afterwards or do it outside of the house so that if it is tense at first, that's not tension.

[00:27:05] You're bringing into your home, around your kids or in a space that you want to be happy and full of love. 

[00:27:11] Eric: [00:27:11] All right, Jennifer, I want to thank you for coming on the show. And sharing, let listeners know where we could continue this conversation with you and what you have going on in the future. 

[00:27:23] Jennifer: [00:27:23] I can't believe the time went by so quickly, so anyone can find me if you know how to spell my name.

[00:27:30] It's Jennifer . S a H a D Y, with that, you'll find me on LinkedIn. My website is Jennifer's hattie.com. My email is Jennifer at Jennifer's hattie.com. It's a really unusual name. So once you have it, you can find me any which way I'm happy to answer any questions for free. I love working with individuals with groups.

[00:27:54] A lot of companies have brought me in which I like to do. Cause then the companies pay me and I can just [00:28:00] help people. Those are all, some of the things I love to do. I just did an amazing women summit presentation and I'll be doing another one in the fall because I think oftentimes men feel more comfortable having this discussion.

[00:28:12] So I've been focusing specifically on helping women, but I'm not going to exclude any. So, if you have a question, please reach out to me. I'm honest and sincere, and I want to make sure that we can preserve as much love and as much money as possible. 

[00:28:26] Eric: [00:28:26] I like it. I like it. Don't leave anyone out. Yes, Jennifer, you definitely stirred up food.

[00:28:35] And, uh, once again, uh, one of the thank you for coming on the show. 

[00:28:39] Jennifer: [00:28:39] Thank you, Eric. I want to thank you for having me on the show. I'm honored to be one of your guests who are very gracious host, and this was a delightful conversation. 

[00:28:47] Eric: [00:28:47] Once again. Thank you. Now, as a parent, I already felt this way, but.

[00:28:54] Listening to Jennifer's TEDx talk and also talking with Jennifer on the show. [00:29:00] It basically solidified for me that we, as parents need to prepare our children financially as single adults, and also prepare them as married adult. When it comes to finances. So in the event they do end up single again, they will be just fine because you know what?

[00:29:21] You prepared them once again, as always, I would like you to share with other parents. And join us for the next episode where you will get easy direction for your child's financial perfection. 

[00:29:35] Introducer: [00:29:35] We really hope you enjoy this episode of financial freedom. The podcast stay connected with us directly through raising financial freedom.com.

[00:29:44] You can also join the discussion on social media, which you can also find links on our website. If you would like to speak with us, please send us an email to info@raisingfinancialfreedom.com. And as always thank you for pushing your mindset towards a better reality. This [00:30:00] concludes the most thought provoking portion of your day.

[00:30:02] Don't forget to please like, and subscribe to stay fully up to date until next time. Be kind to yourself and each other. .