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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: How to Talk About Money w/ Erin Lowry

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 6 May 2022

⏱️ 69 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE YOU’LL LEARN: 02:14 - What is a money script? 04:03 - What are the four main money scripts? 04:03 - How to tell your friends that you can’t afford the same lifestyle they can. 11:31 - How to ask parents if they can afford retirement and if they need support as they age. 29:44 - How to open conversations about salaries with co-workers. 38:58 - What is a prenup and how do we start a conversation with our partner? 58:13 - How to get on the same page with our partner on everyday money things. 01:05:12 - How to prepare kids to have conversations about money. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. Read this episode’s transcript and full show notes on our website. Related Episode: MI018: Take Control of your Money with Erin Lowry. Erin Lowry’s book Broke Millennial Talks Money. Erin Lowry’s book Broke Millennial Takes On Investing. Erin Lowry’s book Broke Millennial. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Erin: Website | LinkedIn | Twitter | Instagram Connect with Robert: Website | Instagram  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.3

On today's show, we continue to revisit some of my favorite podcast from the past in this

0:07.7

millennial investing rewind.

0:09.6

If you've missed our previous Rewind episodes, we've started to reshare some older episodes

0:15.1

that are my favorites for a few reasons.

0:18.0

One, we get a bunch of new listeners each week, so the new listeners

0:21.7

may not have heard this episode before. Two, even if you've been listening for a while,

0:27.1

you may have missed this episode when it originally came out. Or three, even if you've heard

0:32.1

it before, it can be a great episode to learn from again. If you've already heard this episode

0:37.1

or you're not interested in hearing it, feel free to just skip it. There you've already heard this episode or you're not interested

0:38.1

in hearing it, feel free to just skip it. There's no harm in that, and you could pick up with

0:42.1

our new episodes next week. All right, guys, that's all I had for you for this new intro. Everything

0:47.5

going forward is going to be from the original show. Hope you guys enjoy it.

0:59.3

On today's show, I chat with Aaron Lowry again, and we discussed her newest book,

1:00.9

Broke Millennial Talks Money.

1:06.0

During this interview, we went into detail about different situations where you can use the money scripts in day-to-day life, whether it is with your partner, friends, parents, coworkers, and even your

1:12.5

kids. Aaron gave a lot of insight as well as advice on how to navigate through those awkward

1:18.3

financial conversations, like how to bring up pre-nubs and post-nubs with your partner without them

1:23.5

feeling offended, how to discuss retirement with your parents and if they would need your

1:27.8

support as they age, and even how to open conversations about salaries with your fellow

1:32.7

co-workers. We also shared about similar situations like these that occurred in our lives

1:38.0

and how we were able to go about them. Now without further delay, let's get into this awesome

...

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