Erika Wasserman – Let's Talk Finances

Send us an email @ [email protected] Erika Wasserman is a certified financial therapist who navigates the ups and downs of life with humor and resilience. She lives in a lively household, often likening it to a sorority, as she raises her three teenage daughters. Erika's journey has been a roller coaster, filled with unexpected twists and turns. Her children have heard her stories so often that they can now recount them with ease. Despite life's unpredictability, Erika’s professional and personal experiences equip her to help others ride their own waves with confidence and grace.In this episode, Jessica, Carrie, and their guest, Erika, discuss the importance of early financial planning, teaching children about money, and reframing budgets to focus on positive outcomes. Erika Wasserman shares her professional journey and offers practical advice, including her innovative conversation cards, "Let's Talk Finances." The hosts also share personal anecdotes on allowances, saving, and the lifelong influence of childhood financial experiences.TakeawaysEmphasize financial independence.Teach children the value of money early on.Reframe budgeting by focusing on what to say 'yes' to and create vision boards for financial goals.Timestamps00:00 Introduction02:45 Carrie's mother’s advice on financial independence.06:30 Jessica's financial discussions with her partner.09:15 Erika on different ways couples handle finances.12:50 Financial impact of having children.17:30 Erika's approach to budgeting and positive financial planning.21:50 When and how to start planning for college finances.26:15 Teaching children about money and financial boundaries.30:00 Personal anecdotes about allowances and savings.35:00 Influence of childhood financial experiences on adulthood.38:45 Erika's turquoise piggy bank story.41:10 Open communication and children's awareness of parental earnings.45:30 Financial therapy and the emotional impact of money.48:00 Ways to initiate financial conversations with a partner.🔗 Connect with Erika Wasserman:Website: www.yourfinancialtherapist.com Email: [email protected]🔗 Connect with Jessica Anger and Carrie Wiesenfeld:Instagram | [email protected] Hawk Life Coaching |  Ocean Waves Parenting