Family And Money Are Still Tough To Separate

How Childhood Trauma Shapes Money Disorders (Throwback Episode)This week we post a throwback wayyy back to the second New Money New Problems episode to set up a forthcoming discussion about being the only person in a family who “has money”. In the replay, we discuss how “money disorders” are foundational to understanding wealth building and reference a CNN article by Jean Sahadi on how early traumas and financially volatile childhoods can imprint adult money behaviors. Drawing from Brad and Ted Klontz’s book Mind Over Money, we talk through three examples relevant to first-generation high earners: financial denial (money avoidance), overspending (money worship), and financial infidelity (relational). 00:37 Why Money Stories Matter02:41 Replay Begins Episode Setup03:53 CNN Article Early Trauma05:25 What Are Money Disorders07:33 Money Avoidance Financial Denial09:24 Money Worship Overspending11:14 Relational Disorder Financial Infidelity13:18 Break And Gap Finder14:04 Confronting Your Money Disorder14:49 My Trigger WorkaholismSupport the show