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David Marchese

๐Ÿ‘ค Speaker
4297 total appearances

Appearances Over Time

Podcast Appearances

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

But when did the switch happen where you decided to talk specifically to couples about

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

I was wondering, you know, it's like there's only so many ways that you can say, you know, pay off your debt, you know, spend on the things that matter, buy low-cost index funds, do the employer 401k match.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Did you think, oh, I need to find another lane for the material?

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Yeah.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

So when you speak to couples about their money problems and they're talking about specific ones, what are the most common problems that you come across

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

where like actually the problem is not the money, it's what the money represents between the couple.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

But I'm also interested in what's underneath the you spent too much money at Target conversation.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Oh, yeah.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Classic.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Right?

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Which could be, you know, maybe the person who's being critical, maybe they are actually controlling and they want to be, they want to oversee all the spending.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Maybe the person who's doing the spending for

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

It feels like spending is a way of sort of exercising power in their own way.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

So what are those sorts of dynamics that you see recurring in the couples that you talk to?

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

You know, I have to say that sometimes when I've been thinking in a broader way about your work, particularly your work with couples, and I see these couples come on and to all outward appearances, they look like they should be doing well.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

And they're having, they're really struggling.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

Like people talking about maybe losing their house or sort of the specter of divorce can come up because of tensions around money or people really anxious about not being able to

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

provide the same life for their kids that they were able to have.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

And that's sort of on one side of it.

The Daily
A Personal Finance Star on What Millennials Need From Their Boomer Parents

And then on the other side, you have people who have a lot of money, but they seem completely, like, coiled and unable to enjoy it.