Episode 139: How to Talk About the Money with Mom and Dad

Posted Jul 23, 2020 | Chris Petrie

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Author and award-winning finance journalist Cameron Huddleston is going to help us create a plan to successfully have the conversation about money with Mom and Dad.

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How to Talk to Your Parents About Money

We focus so much about helping our kids with the finances, but what about our parents?

Right now there are close to 50 million Americans who are age 65 and over. This means 1 out of every 7 Americans should at least start having the money talk sooner than later.

But how do you start a money conversation with your parents?

What should you say, and more importantly – what do you NOT say?

What things need to be in place before it’s too late?

What are the real-life examples of the shattered families when the money-talk didn’t happen?

Author, speaker, and personal finance journalist Cameron Huddleston is my guest on the show to take us through all of these answers and more.

The Book: Mom and Dad We Need to Talk

Cameron has lived it. After her mother was diagnosed with early onset dementia, Cameron painstakingly made her way through the financial journey with her own parents. During this time, she learned a lot of what to do and what not to do.

After going through this personal experience, Cameron made her mission to help other adult children navigate the waters of having the money-talk with Mom and Dad.

You can grab a copy of Cameron’s book: Mom and Dad, We Need to Talk here.

Chris Peach Author 150x150

Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

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