#319 Money Lessons Every Teen Needs

Have you ever felt anxious or even judged when trying to teach your teen about money? Are you wondering how to raise a teen who values true wealth—not just material possessions? In this powerful episode of Power Your Parenting: Moms with Teens, Colleen welcomes Elizabeth Husserl, financial advisor and author of The Power of Enough, for a refreshing conversation about helping teens develop a healthy relationship with money. Elizabeth shares how our own relationship with money—whether rooted in scarcity, comparison, or abundance—directly shapes how our teens view financial wellbeing. Instead of chasing endless “more,” Elizabeth encourages teaching teens about true wealth: feeling satisfied, connected, purposeful, and free. Together, they explore the importance of the satiation paradigm and embodying wealth in everyday life, not just accumulating money. Practical tools like the "Wealth Mandala" exercise help families assess areas like freedom, leisure, belonging, and purpose, offering a more holistic way to talk to teens about success and happiness. Elizabeth Husserl is a registered investment advisor representative, financial advisor, and cofounder of Peak360 Wealth Management, a boutique wealth planning firm. She holds a BS in economics from Tulane University and an MA in East-West psychology from the California Institute of Integral Studies, where she has also taught as an adjunct professor. Her experience spans nonprofit work throughout the Americas, and she is a highly sought-after speaker, having led workshops at major tech companies, including Airbnb, Unity, and Google. She lives in the San Francisco Bay Area with her husband and daughter.  Key Takeaways: Money and wealth are different. Money is a tool for transactions, but real wealth is a deeper, embodied experience of wellbeing—connection, purpose, freedom, and belonging. Teens need to be part of financial conversations. Including them in family money decisions helps them understand choices, responsibilities, and builds entrepreneurial thinking. Teaching satiation builds resilience. Encouraging teens to recognize what truly satisfies them—rather than chasing endless more—builds confidence, fulfillment, and a lifelong healthy relationship with money. Follow on Instagram at https://www.instagram.com/elizabethhusserl/ Learn more about Elizabeth at https://elizabethhusserl.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices