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Journey To Launch

Episode 469- How to Parent Like a Millionaire Without Being One with Kristy Shen & Bryce Leung

Journey To Launch

Jamila Souffrant

Business, Investing

4.9 • 1.7K Ratings

🗓️ 11 March 2026

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, I'm excited to welcome back Kristy Shen and Bryce Leung from the Millennial Revolution. Since the last time they were on the show, they've become parents and recently released a new book called Parent Like a Millionaire (Without Being One). In this conversation, we talk about how their perspective on money and financial independence evolved after having a child and how parents can raise financially resilient kids without feeling pressure to overspend.

Kristy and Bryce share how avoiding lifestyle creep helped them accelerate their path to financial independence, why financial stability can make parenting less stressful, and how families can focus on their values instead of societal expectations when it comes to spending on their kids. They also break down practical ways parents can teach children about money, responsibility, and resilience from an early age.

In This Episode You'll Learn

• How Kristy and Bryce were able to reach financial independence in their 30s and why avoiding lifestyle creep played a major role
• How becoming parents shifted their perspective on money, time, and what financial freedom really means
• Practical ways parents can reduce the cost of raising kids while still focusing on what matters most
• How to help kids develop resilience, responsibility, and a healthy relationship with money

What's New in the Paperback Edition of Your Journey to Financial Freedom:

  • A bonus chapter: When Life Happens: Staying on the Path to Financial Freedom Through Setbacks, Shifts, and Uncertainty
  • A book club and discussion guide with prompts, exercises, and action steps
  • Updated corrections from the original hardcover
  • Exclusive bonuses when you purchase the paperback, including:
    • The Fire Starter Course
    • The Find Your FIRE Number Worksheet

Other related blog posts/links mentioned in this episode:

Connect with Kristy and Bryce:

 

Connect with me:

 

Transcript

Click on a timestamp to play from that location

0:00.0

It really doesn't make sense to buy all these things that what I like to call big baby, so the baby industrial complex, which is always after you because I'm constantly getting ads for like, you need to buy this fancy stroller, you need to buy this toy.

0:14.0

Oh, this new thing came out, isn't this great? And just constantly bombarded. And there's like this emotional aspect when you have a child that you're like,

0:21.9

I'm not going to buy this for myself, but I totally want to buy this for my child because if I don't

0:26.1

buy it, I'm a bad parent and I don't love them.

0:30.7

Welcome to the Journey to Launch podcast with your host, Jamila Sufran.

0:35.0

As a money expert who walks her talk.

0:38.0

She helps brave journeyers like you, get out of debt, save, invest, and build real well.

0:45.4

Join her on the journey to launch to financial freedom in five, four, three, two, one.

1:03.3

If you want the episode show notes for this episode, go to journey to launch.com or click the description of wherever you're listening to this episode. In the show notes, you'll get

1:07.6

the transcribed version of the conversation, the links that we mentioned, and so

1:12.4

much more. Also, whether you are an OG journeyer or brand new to the podcast, I've created a free

1:18.9

jumpstart guide to help you on your financial freedom journey. It includes the top episodes

1:24.2

to listen to stages to go through to reach financial freedom, resources,

1:28.1

and so much more. You can go to journey tolaunch.com slash jumpstart to get your guide right now.

1:35.0

Okay, let's hop into the episode.

1:38.8

Hey, journeyers. Welcome to the Journey to Launch podcast. Today we have some special and returning guests on the show.

1:46.0

They haven't been here in a while, but we have on Christy and Bryce from Millennial Revolution, The Blog.

1:51.7

And they are leaders in the fire movement. I must say because when I started the fire movement,

1:56.6

they were already in the space talking about and writing about reaching financial independence

2:01.7

retire early. And they wrote the book, Like a Millionaire. They talk about early retirement

2:07.9

in their 30s. And now they have a child. Congrats. So they're out with a new book called

2:13.4

Parent Like a Millionaire without being one. So I'm really excited to talk to you, Christy and

...

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