Navigating Money Conversations with Your Parents, Spouse, and Kids with Cameron Huddleston

Episode 49 • 25th April 2023 • Momma Has Goals • Kelsey Smith

One of the biggest challenges in becoming an adult, a parent, or just navigating life, is having tough conversations and having to do things that don't always feel good. A big source of tension can come from money! So, today we're diving deep with award-winning personal finance journalist, Cameron Huddleston. From having conversations with your parents about their finances to talking money with your spouse or kids, Cameron has all the best advice!

Cameron is a mom of three herself and was a caregiver for more than 12 years to her mom who had Alzheimer's disease. From everything that she's learned from her background in finance and her own experience, she helps families have the right tools and resources to have conversations with their parents and establish healthy conversations about money in the home.

Today, we talk about how to truly do that, and why this is important. Even if you don't have a lot of money, I highly recommend that you dive into this conversation for the information we all need to have.

What you'll hear in this episode:

[0:00] Cameron’s background in finance.

[3:55] How to have conversations with your parents about their finances.

[7:30] Why you need to have a plan to pay for care.

[11:45] How to get your parents to talk about money.

[16:45] Finding the right people for the right roles in the family.

[21:40] What are some of the things you can do to help your kids become financially savvy?

[27:15] What are some of the activities or practices that you regularly make in your home?

[33:00] What to do if your partner doesn’t know how to get into your accounts.

[37:00] What to do if you feel like you’re in a relationship that’s not working.

[40:15] What is Cameron up to behind the scenes these days?

[45:35] Putting your story out there will allow you to receive opportunities that you never thought existed.