Jesse Rogerson
๐ค SpeakerAppearances Over Time
Podcast Appearances
For some people, they don't care about their home, but they want to be able to go out and party.
And that's not my financial value, but it's not my job to say that that's not okay.
Some people want to donate a lot.
Some people want to use their money for travel.
And there isn't really a wrong way, but I'm guessing that the mother and daughter have some
slight differences in what they value.
Right, right.
And that really begs the question of what is mom's money story and what lessons was she taught about money?
There's a financial thought leader, Ramit Sethi, and he is encouraging everyone to live their rich life, which means be very aware of your finances, know where your dollars are going, know what you value, like cover your expenses and make sure your bills are paid and then spend with abandon on the things you truly value that bring you joy.
Well, this mother and daughter had an agreement that she was not paying rent, but this daughter was contributing to household expenses, groceries, maybe some utilities.
And I'm wondering if maybe the mom actually wasn't okay with the agreement.
Maybe the agreement needed to be updated.
And that's why there was this excessive criticism that something didn't feel fair to mom.
Every family has their own understanding of what is fair and how contribution to a household works.
I've been talking a lot with clients lately about the value of domestic labor, right?
That I think it's very undervalued.
Someone that is doing the lion's share of the work at home is not being financially compensated, but that sure is one heck of a contribution because if you were to pay someone else to do all those things, it would cost a pretty penny.
That's so culturally specific.
I think that, you know, the kind of the American way of individual, you know, individualism, we would say no.
And there are some cultures where that it would be a sign of disrespect to not share that information.