Mom the ‘finfluencer’

Social media is filled with influencers — and ‘influencers’ — attempting to fascinate us with stories on how to make the most of our lives and finances.

But with Mother’s Day on May 8th, we’re reminded of the very first influencer in our lives — our mothers (or grandmothers, aunts, etc.).

Yes, you can thank your mother for some of your money habits, whether good or bad. A growing body of research including a study from the National Bureau of Economic Research finds that mothers’ financial beliefs and behaviors have a profound effect on children’s developing financial outcomes.

Take a moment to consider the emotions and family stories that have influenced your personal relationship with money, and if you feel honored, share the valuable insights you’ve gained. I can add perspective as well to help discover what may be holding you back.

Check out the articles below with more info and some great tips from moms and for moms this week. Happy Mother’s Day! Enjoy.

'You Can't Afford To Be Cheap': Tips From Smart Moms On Money

May 2, 2022
Whether the messages are good or bad, harmful or helpful, most of our hard-wiring around money…

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Future Returns: Women Are the New Face of Wealth and Investing

April 29, 2022
As more wealth transfers to women, the face of investing—and philanthropy—is starting to change….

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The global stagflation shock of 2022: How bad could it get?

May 2, 2022
The double blow of pandemic and war has caused inflation to surge and growth to slow around the…

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The Cost of Raising a Child in the United States

May 2, 2022
Estimated lifetime cost of raising a child born this year: $272,049 (not including college)

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