Laurel van der Toorn
๐ค SpeakerAppearances Over Time
Podcast Appearances
Like, wait, what, why, what's happening here?
Also later in the thread, the daughter says like, she's being quite responsible with her money.
Like she's not spending frivolously.
And yet there's this, she feels excess criticism from mom.
Difference of opinions, difference in financial values.
I mean, I think everyone...
has a journey to deciding what their financial values are.
Where do they want to put their dollar, right?
For some people, they want a really nice home.
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.