Hazel discusses the "taboo" subject of money, the importance of open conversations about finances with significant others, children, and friends. Hazel talks about early experiences with money shape our understanding and relationship with it, using personal anecdotes to illustrate the value of earning and appreciating money.

KEY TAKEAWAYS

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  Importance of Money Conversations: Engaging in open discussions about money with significant others, children, and friends is crucial for understanding financial situations and opportunities. Avoiding these conversations can lead to missed opportunities and misunderstandings.

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  Personal Experiences Shape Perspectives: Individual experiences with money, whether growing up in a financially constrained environment or having money readily available, significantly influence one's relationship with money. Sharing these experiences can foster better understanding and learning.

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  Teaching Financial Responsibility: Introducing children to the value of money through earning and saving helps them appreciate its worth. Practical experiences, such as working for money or investing, can instill a sense of responsibility and understanding of financial concepts.

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  Encouraging Financial Literacy: Conversations about money should include discussions on spending habits, saving, and earning. This can help individuals recognise their financial behaviors and make informed decisions about their financial futures.

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  Breaking the Taboo: Money should not be a taboo subject. By challenging the stigma around discussing finances, individuals can improve their financial literacy and overall quality of life, leading to healthier financial habits and better financial outcomes.

BEST MOMENTS

"If you're not having healthy conversations about money... you could be quite frankly doing yourself a disservice."

"Money habits are formed very early on. And if they're never challenged, then you may never realise the potential that you have on the financial front."

"Just giving children things... isn't necessarily the best thing for them."

"He said to us that he really appreciated it in a totally different way than if he had just been given it."

"It's time to have that conversation to start with, with yourself and then secondly, with other people."

VALUABLE RESOURCES

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ABOUT THE HOST

Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.

She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…

Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.

During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.

This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/