Death, Sex & Money - Financial Therapy: How Much Should I Help My Family?
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4.2 • 2K Ratings
🗓️ 3 June 2020
⏱️ 32 minutes
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Summary
"It's difficult to sometimes separate myself from being the one that always has to have it together."
This episode is part of a special Financial Therapy series here on Death, Sex & Money, hosted by Amanda Clayman. If you have a money anxiety weighing you down, send an email or a voice memo to financialtherapy@wnyc.org. Find the entire series at deathsexmoney.org/financialtherapy. We'd also love to know what you thought of this series. Give us your feedback at deathsexmoney.org/ftsurvey.
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Transcript
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| 0:00.0 | Hi, my name is Frenchie. I'm 32 years old and I live in the state of Texas. And there are a lot of different things that have been running through my mind as the only person in my family that is getting a stable income. |
| 0:15.5 | From death, sex, and money, this is financial therapy. I'm Amanda Clayman. |
| 0:22.9 | Frenchie lives in a college town in Texas. |
| 0:29.1 | She works at the university while getting her Ph.D. an adult education. I have an average middle class income and I don't have any debt outside of my student loans and my mortgage from my house, which is long term. I have about |
| 0:40.7 | three months to four months of emergency savings, and we are not at risk of any furloughs or layoffs |
| 0:49.1 | as employees for the time being. So in the short term, it's not herself that she's worried about. |
| 0:55.8 | It's her family. |
| 0:57.3 | My dad is retired. |
| 0:58.8 | My mom passed away when I was a teenager, and my three sisters have each experienced |
| 1:03.8 | different COVID-related financial changes. |
| 1:08.0 | Frenchie has given money to her family in the past when they've needed it. |
| 1:11.6 | So now she's thinking ahead to what her role might be in this crisis. |
| 1:15.6 | And I've been trying to balance wanting to be available to support and also respecting their boundaries and their needs to want to figure it out on their own. |
| 1:34.2 | And also what my boundaries will look like in terms of my needs for myself. |
| 1:53.8 | After the break, my session with Frenchie. This is financial therapy from death, sex, and money. |
| 1:55.1 | I'm Amanda Clayman. |
| 1:58.6 | I called French on a recent Friday afternoon in quarantine. |
| 2:03.1 | I just got off a virtual baby shower, so I'm in a very pleasant mood. |
| 2:08.5 | Did they send a doll to your house that you had to diaper for a contest? No, it was actually no weird diapering. |
| 2:11.9 | We played the prices right for baby items. |
| 2:16.2 | I have no kids, so all this was just like fun but also mind-blowing. |
| 2:21.9 | I think especially before you acclimate to the numbers of how expensive things are with children, all of it seems insane. |
... |
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