In this episode of Wisdom and Wealth, we delve into the intricacies of family dynamics and the critical need for enhanced financial literacy. Our guest, Dr. Teri Rouse, an Early & Behavior Interventionist Consultant & Speaker, joins us to shed light on the challenges that families encounter in today's complex financial landscape.

Dr. Rouse brings a wealth of experience and insight into the discussion, highlighting the various dynamics at play within families and how they intersect with financial decision-making. From differing attitudes towards money to the impact of upbringing and cultural influences, Dr. Rouse offers valuable perspectives on navigating these complexities.

Moreover, we explore the pervasive gaps in financial literacy that persist across generations and socioeconomic backgrounds. Listen, as Frank and Dr. Rouse shares strategies for addressing these gaps, including proactive education and communication within families.

Chapters:

0:00 - Introduction and overview on the topic of the show

3:04 - The challenges facing a family unit in today's day and age

5:48 - Vast innovations has changed the way a family operates

9:47 - Our financial independence was cultivated through hard work

12:13 - The gaps in financial literacy throughout our country

17:43 - How financial literacy is addressed through the public education system

23:45 - Ryan's personal story of saving to purchase an experience, not an object

30:54 - Parents need to instill values at an early age

34:52 - Exciting endeavors Dr. Teri is working on to help parents resolve conflict

36:33 - How to get in touch with Frank and his team

37:20 - Closing remarks