282 Bobbi Rebell: Raising Our Kids to Be "Financial Grown-Ups"
Disrupt Yourself Podcast with Whitney Johnson
Money can be one of the hardest things to talk about with your kids. It's emotional, and often tied to feelings of generational self-worth. But just like the "Birds and the Bees," we also need to be honest about "Dollars and Cents." That's where financial journalist, author, and podcaster Bobbi Rebell comes in. She has written extensively about the financial relationship between parents and children, which — at its core — is based on love. Her book, "Launching Financial Grown-Ups," unpacks the complexities of imparting financial literacy on your kids. Bobbi explains that meeting your kids where they are, at the appropriate moment, and having an honest dialogue about money – even your own struggles with it – leads to far better outcomes than avoiding the topic or pretending everything’s perfect.
#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
Boomerang Kids: How to Get Adult Children to Launch (w/ Bobbi Rebell) + Making 6-Figures as a Part-Time At Home Bookkeeper (w/ Tiffani Higgins)
Marriage Kids and Money
Boomerang kids are a group of adult children who move back in with their parents after going out into the world. John, a concerned parent of a teen, wants to make sure his daughter doesn’t do this! Author Bobbi Rebell joins me to share how we can get adult children to launch (and stay launched). Also, in our Internet Money segment, Tiffani Higgins shares how she created a 6-figure at-home part-time booking business. And she shares how other parents who crave more family time can do the same. SPONSORS Personal Capital: Get access to FREE financial tools that help you invest more efficiently and build wealth for your family. Tello: Our family's mobile phone provider. Great service on the T-Mobile network and incredible prices! RESOURCES Bobbi Rebell (Website): https://www.bobbirebell.com/ Launching Financial Grownups (Book): https://amzn.to/3NaPNMU The Stay-at-Home Bookkeeper (Book or Course): http://www.marriagekidsandmoney.com/bookkeeping GUEST BIO - Bobbi Rebell: Bobbi Rebell, CFP® is the author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, a financial literacy advocate, the host of the Money Tips for Financial Grownups podcast and the founder of GrownupGear.com. Bobbi was previously a global business news anchor and personal finance columnist at Reuters and held various journalist positions at top news outlets including CNBC, CNN and PBS. GUEST BIO - Tiffani Higgins: Tiffany Higgins started the Stay at Home Bookkeeper Academy to teach thousands how to make money while pursuing the freedom in life they desire, whether working from home or on the road in an RV. Tiffani understands the importance of family, but never wanted to give up having a successful career. After pursuing an accounting degree, she struggled being a mother and a business woman at the same time. It took her years until she discovered an opportunity that changed her life, as well as her family's life. She now encourages anyone in the workforce to never settle, and knows first hand that being your own boss gives you the best of both worlds, and gives you control of your life. She is passionate about teaching others how to pursue a career that provides a better life for themselves and their family and walk away from what has been holding them back. OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) How We Paid Off Our 15 Year Mortgage in 5 Years 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here Merch Store: Check out our t-shirts, hoodies, and coffee mugs! SHOW INFORMATION: Marriage Kids and Money Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth. To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence. Learn more at https://www.marriagekidsandmoney.com HOST BIO: Andy Hill Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness. Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys watching his kids play soccer, singing karaoke with his wife and watching Marvel movies. DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS Podcast Artwork: Liz Theresa Editor: Podcast Doctors
Should your passion drive your pocketbook, or pocketbook drive your passion? Episode 200 with guest: Bobbi Rebell [part 2 of 2]
She Said / She Said
TITLE: Should your passion drive your pocketbook, or pocketbook drive your passion? Episode 200 Guest: Bobbi Rebell [part 2 of 2] TOPIC: You’ve no doubt heard or even received the advice “just follow your passion.” While finding and understanding what you’re good at, and leaning into areas that ignite your creative passions is undeniably good advice, it’s also advice that might not be financially practical at every phase in your life. Part two of my conversation with financial planner, author, and business journalist Bobbi Rebell opens with this topic. Too often, conversations about money and personal finance are missing from career development conversations despite the undeniable link that exists for most of us. Too much focus on money could suck the life blood from your dreams; Too little, might prevent you from building the resources needed to pursue that dream in the first place. Like so many things, there’s a balance to be struck. I love that this week’s conversation is grounded in these practical realiities, and in some honest advice about how investing in your career, even when it may mean a lower salary at different stages can help you build important “experience capital” for later — something that was a big part of my own early career experiences. THIS WEEK’S GUEST: Bobbi Rebell is a certified financial planner, author and business journalist. She joins me for part two of our two-part conversation. More about Bobbi. FULL SHOW NOTES AND TRANSCRIPTS AVAILABLE SheSaidSheSaidPodcast.Com KEY THEMES IN PART 2: How to separate your passion from your income source — when you need to. What you can learn from Bobbi’s biggest financial mistake, which also relates to the people with whom you surround yourself. The questions you should ask of your future spouse or partner before you say “I do:” Love can make everything seem rosey, but skipping questions related to money and personal finance can be a big mistake and get your new marriage or partnership off on the wrong financial footing. How personal finance can impact our self-esteem and confidence. Why the people around you can have an outsized impact on your financial future How Bobbi thinks about influence. LINKS AND BOOKS MENTIONED IN EPISODE 200: Part one of my conversation with Bobbi Rebell – she said/she said podcast Episode 199 “Launcing Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart” by Bobbi Rebell “How to Be a Financial Grownup: Proven Advice from High Achievers on How to Live Your Dreams and Have Financial Freedom” by Bobbi Rebell Money Tips for Financial Grownups Podcast with Bobbi Rebell Grownup Gear – enter code: GrownUP for 15% off “Unfollow Your Passion” by Terri Trespicio “Own It: The Power of Women at Work” by Sally Krawcheck Queen Bees and Wannabees: Helping Your Daughter Survive Cliques, Gossip, Boys, and the New Realities of Girl World” by Rosalind Wiseman “White Hot: The Rise & Fall of Abercrombie & Fitch” – Netflix NEXT WEEK…. In Episodes 201 and 202, we’ll dive into the creative process with Grammy-nominated songwriter Aimee Mayo. Aimee’s memoir “Talking to the Stars” is a powerful and moving story of resilience, and how even the most painful experiences of Aimee’s childhood helped shape her gifts as a songwriter. Her perspective on the creative process is valuable as you think about the most innovative and powerful ways to share your own unique gifts with the world. FEEDBACK: I hope you found this investment of your time worthwhile and would love to hear your thoughts. DM me @lauraCoxKaplan on Instagram, LinkedIn, or Facebook. Or, use the contact link below or on shesaidshesaidpodcast.com — I’d love to hear from you! And, if you are feeling generous, please be sure to leave a review on iTunes or wherever you are listening to she said/she said podcast. Contact Form First Name Last Name Email Message The post Should your passion drive your pocketbook, or pocketbook drive your passion? Episode 200 with guest: Bobbi Rebell [part 2 of 2] appeared first on She Said / She Said.
Protecting your own financial future doesn’t make you a bad parent! Bobbi Rebell [Episode 199] Part 1 of 2
She Said / She Said
SHOW NOTES EPISODE 199 EPISODE TITLE: How investing in your kids’ financial literacy supports your own financial future & career options [Part 1 of 2] GUEST: Bobbi Rebell TOPIC: There’s a lot more to making a career shift or pivot than just figuring out what you want to do next. For most of us, one particularly important consideration is: MONEY. We have to ask ourselves: “Will I have enough if I decide to take a career break,” or maybe, “will I have enough to fund a passion project that might not — at least initially — yield the same financial rewards and revenue as my previous career?” That financial picture can be further complicated as other people enter or leave our lives, including when adult (or almost adult) kids are dependent for longer. Those decisions don’t just impact the potential life and career choices for the kids, but also for the parents. HOW THIS TOPIC RELATES TO INFLUENCE: Sometimes the greatest opportunity to have real influence is under our own roof. By teaching basic personal finance you’re not only helping your kids become more money savvy and gain financial independence, you’re also protecting and investing in your own future, something this week’s guest in an expert on and talks about in this conversation. THIS WEEK’S GUEST: Bobbi Rebell is a certified financial planner, author and business journalist. She shares her perspective on navigating career, parenting, and money choices and how she’s using her skills to help us make smarter, more thoughtful money choices that can impact us long into the future. One quick caveat, even if you are not a parent, I think you’ll love Bobbi’s advice and career lessons. KEY THEMES IN PART 1: * How the current economic environment and job market are different from the one past generations have entered, and why that matters. * How and why the “boomerang effect” has created a delay into adulthood for some, and an unanticipated financial burden for many others. * Why helping your adult children become financially independent (and literate) improves not only their financial future (and yours), but also their confidence * How Bobbi considered some stages in her career, especially when she become a mom, to be an investment in her future earning or “placeholder job” and why it’s important to look at the big picture often beyond just salary and childcare * How Bobbi laid the financial groundwork for her career pivots * Bobbi’s shares her tips for the best way to ask someone for advice * Why you should always ask yourself: “What sets you apart from other people?” And “What do you offer that no one else does?” And how those questions laid the groundwork for Bobbi’s first book. KEY TOPICS FOR NEXT WEEK’S EPISODE 200 [PART 2 OF MY CONVERSATION WITH BOBBI REBELL]: * We’ll talk about why pursuing your passion isn’t necessarily the same as pursuing your income. * What you can learn from something Bobbi considers her biggest financial mistake. * Why the people around you can have an outsized impact on your financial future * How Bobbi thinks about influence. Episode Links and Books: “Launcing Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart” by Bobbi Rebell “How to Be a Financial Grownup: Proven Advice from High Achievers on How to Live Your Dreams and Have Financial Freedom” by Bobbi Rebell Susan McPherson, Episode 191 Money Tips for Financial Grownups Podcast Grownup Gear – enter code: GrownUP for 15% off “The Opposite of Spoiled” by Ron Lieber [Bobbi’s book recommendation for parents of younger kids] FEEDBACK: I hope you found this investment of your time worthwhile and would love to hear your thoughts. DM me @lauraCoxKaplan on Instagram, LinkedIn, or Facebook. Or, use the contact link below or on shesaidshesaidpodcast.com — I’d love to hear from you! And, if you are feeling generous, please be sure to leave a review on iTunes or wherever you are listening to she said/she said podcast. AND, please don’t forget, EPISODE 200 — part 2 of my conversation with Bobbi Rebell — posts next week! Contact Form First Name Last Name Email Message The post Protecting your own financial future doesn’t make you a bad parent! Bobbi Rebell [Episode 199] Part 1 of 2 appeared first on She Said / She Said.
Cutting the Financial Umbilical Cord with Bobbi Rebell #511
How to Money
We’re talking today about how to avoid screwing up your kid’s relationship with money. As parents, our job is to raise amazing adults to one day replace us! And even if you don’t currently have kids, or maybe you know that you never will- today’s conversation will do a great job shedding some light on why you think and feel the way you do about your personal finances. Bobbi Rebell is a Certified Financial Planner, she’s host of the Money Tips for Financial Grownups podcast, and she’s also the author of “Launching Financial Grownups”. The book is a call to action for parents who want the best for their kids, but who are beginning to realize that their own pursuit of financial independence has to become a priority as well. We talk about parenting styles, the increasing trend of boomerang college students, ways that we can strategically help our kids with money, and personal finance conversations between parents and adult children as well. During this episode we enjoyed a Farm Friends by New Image Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money! Best friends out!See omnystudio.com/listener for privacy information.
Episode 266- Launching Financial Grownups & Teaching Your Children About The Importance Of Money With Bobbi Rebell
Journey To Launch
Bobbi Rebell, Certified Financial Planner, podcaster, and author of “Launching Financial Grownups,” joins the podcast to discuss how to help your almost adult kids become money smart. We discuss everything from Bobbi’s early career as a journalist to her swift pivot into entrepreneurship and the passion behind her new book, teaching parents that it’s never too late to instill healthy personal finance habits in their children. In this episode we discuss: The power of supporting your child’s career interest Having realistic money conversations with your children Why you need to let your children make mistakes with money How thinking in the long-term as a parent is more sustainable than the short-term The balance of gifting generational wealth and teaching your children the value of hard work + more Other related blog posts/links mentioned in this episode: Journeytolaunch.com/episode45 Grownupgear.com @drbradklontz Indiegogo.com/projects/meatball-town-a-musical-comedy#/ Bobbirebell.com/launchingfinancialgrownups Bobbirebell.com/financialgrownupblog Join the waitlist for my signature course, Map Your Way To Financial Independence, here. Check out my new personal website here. Join The Weekly Newsletter List Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link. Connect with Bobbi: Website Instagram: @BobbiRebell1 Twitter: @BobbiRebell Facebook: @BobbiRebell Connect with me: Instagram: @Journeytolaunch Twitter: @JourneyToLaunch Facebook: @Journey To Launch Join the Private Facebook Group Join the Waitlist for My FI Course Get The Free Jumpstart Guide
305. Don't Fail to Financially Launch Your Child w/ Bobbi Rebell
Earn & Invest
Whether you are a parent or a child, cleaving familial financial bonds can be a major step to adulthood. In this episode, we talk with Bobbi Rebell the author of Launching Financial Grownups. Will there be a failure to launch?
Get the Freeloaders Offloaded with Bobbi Rebell, Ep #237
Retirement Starts Today Radio
When people begin retirement planning they usually have 3 main questions. We cover the questions about what to do about healthcare before Medicare and should I pay off my house regularly on this show. However, the third question, what do I do if I still have kids at home, is not one we regularly address. That is why I’m excited to have Bobbi Rebell, author of the new book, Launching Financial Grown Ups on the show today. Bobbi is here to discuss the growing phenomenon of adult kids living with their parents and how that can impact your retirement plan. You won’t want to miss this episode if your kids are not completely launched. Listen in to hear Bobbi’s fantastic advice for creating an exit strategy to get your children off the payroll. Outline of This Episode [1:22] What to do if we have kids at home when facing retirement? [7:20] What can we do to prepare our kids for an exit strategy? [10:53] How to deal with our children’s financial mistakes [19:07] Don’t rob kids of the ability to think things through Resources & People Mentioned Lemonade Insurance BOOK - Think Like a Bread Winner by Jennifer Barrett Connect with Bobbi Rebell BobbiRebell.com BOOK - Launching Financial Grown-Ups by Bobbi Rebell Check out GrownUpGear.com for some Grown-Up merch @BobbiRebell on Twitter @BobbiRebell1 on Instagram Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/ Follow Ben on Twitter: https://twitter.com/retiremeasap Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter Subscribe to Retirement Starts Today on Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify
Fresh Take: Bobbi Rebell on Raising Financially Aware Kids
What Fresh Hell: Laughing in the Face of Motherhood
This week we're talking with Bobbi Rebell, author of the new book Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart. Bobbi is also the host of the "Money Tips for Financial Grownups" podcast.Money can be a difficult subject to broach with kids for a number of reasons. So how do we break the ice? And what is different about our children's relationship with money in the digital age than ours was when we were kids? There are actually ways to make conversations about money more fun and engaging than rigid and boring. (And no, you don't have to look up influencers or NFTs to be able to talk to your kid about financial topics that will interest them!)In this episode, Bobbi shows us how to: Engage our kids about money without talking down to them Tailor different financial conversations to different ages Use allowances to encourage financial freedom rather than maintain financial control Follow Bobbi on Social Media:https://www.bobbirebell.com/Instagram @bobbirebell1Twitter @bobbirebellSpecial thanks to this month's sponsors: Betabrand has reinvented comfort and style with their dress yoga pants, and we love ours! Get 30% off your first order when you go to Betabrand.com/LAUGHING.Daily Harvest delivers delicious harvest bowls, flatbreads, smoothies, and more, all built on organic fruits and vegetables. Go to dailyharvest.com/laughing to get up to $40 off your first box!Home.Made. Podcast is a terrific new podcast offering stories about the meaning of home in America. Subscribe wherever you listen to podcasts!flowkey lets you learn piano at your own pace. Go to flowkey.com/whatfreshhell to receive 7 days of flowkey Premium for free and 20% off an annual subscription. Indeed is the only job site where you're guaranteed to find quality applicants -- or else you don't pay! Upgrade your job post with a $75 sponsored job credit through March 31st at indeed.com/laughing.KiwiCo projects make science, technology, engineering, art, and math super fun. Get 30% off your first month plus FREE shipping on ANY crate line with code MOTHERHOOD.Membrasin is the totally natural, estrogen-free, clinically-proven feminine moisture formula. Go to membrasinlife.com and use the code FRESH10 to get 10% off.Native products keep you feeling and smelling fresh. Get 20% off your first order by going to nativedeo.com/fresh or by using the promo code FRESH.Parade underwear and loungewear are sustainable, size-inclusive, comfortable and fantastic! Go to Parade.com/Laughing and use the code LAUGHING for 20% off your first order. Peloton has a workout for every goal, day, and mood: everything from boxing and dance cardio to yoga and meditation. Visit onepeloton.com to learn more.Prose now makes supplements personally tailored to address your specific cause of hair shedding. Get your free in-depth consultation and 15% off your custom hair supplements at prose.com/laughing. School Toolbox makes shopping for school supplies for your kids easier– and also creates fundraising opportunities for your school! Find out more at schooltoolbox.com/whatfreshhell.Thrive Causemetics high-performing beauty and skin-care products are made with clean, skin-loving ingredients. Get 15% off your first order at thrivecausemetics.com/whatfreshhell. Learn more about your ad choices. Visit megaphone.fm/adchoices