My wife, Danielle, has a much more emotional relationship with money. Growing up she had more ups and downs financially, and when her own family became deeply impacted by what we now call the Great Recession of 2008, she was left with piles of student loan debt upon graduation and a paralyzing realization that her parents, her top notch education, and very expensive degree did not provide her the foundational tools to help overcome the fears she developed to properly navigate herself through her first financial challenge as an adult.
Now that we have two daughters of our own it's more evident to me than ever how important it will be to teach her the fundamental lessons that neither my wife nor I learned despite our different ways of growing up. Looking around at society today and seeing the broader issues of income inequality, lack of financial literacy teaching in schools, high student debt for so many, -- and most importantly, a massive disconnect between how to fund the life you want to live -- we, like all parents, want to do better for our kids.