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Empowering Future Generations: Raising Financially Mature Kids | Power Up Your Life Podcast | Episode 60 with Dr. Julia Myers
đ On this important episode of the Power Up Your Life Podcast, hosts Mandy McAllister and Kelly Resendez interview Dr. Julia Myers, founder of Generational WisdomÂŽ Blueprint and an expert on talking to kids about money. Dr. Myers shares why wealthy families must intentionally teach âgenerational wisdomâ so money isnât squandered, citing that 70% of wealth is lost in one generation and 90% in two. She offers practical parenting scripts and habits like saying ânoâ with values-based reasons, having kids practice the âwhy,â and letting them save and buy with their own money. She encourages family conversations about what money is for, compares money management to charging devices, and advocates starting with generosity  ...Â