What Parenting Can Teach Us About Money

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Changing the way we think (and talk) about money—by connecting parenting, patience, and lifelong learning.

💡 Key Insights:

• Parenting skills and money management share the same foundations: patience, long-term thinking, and communication.
• Financial confidence comes from effort and learning—not knowing everything upfront.
• Acknowledging “you don’t know what you don’t know” opens the door to better decision-making.

📌 Why It Matters:
Your approach to money often mirrors your approach to life. Building patience, focusing on values, and passing financial wisdom to the next generation can strengthen both your finances and your family bonds.

✅ Action Steps:

• Teach your kids one money value this week—start with patience or long-term thinking.
• Reflect on one financial lesson you learned from a family member and how it shaped you.

🗣 Tony’s Take:
"Whether it’s parenting or investing, focusing on the process—not just the results—creates the most lasting rewards.

Connect with Rebecca Gao, Ph.D, CFA, CFP®:

• LinkedIn (here)

Bio: 

Rebecca Gao, Ph.D, CFA, CFP® was born in China and came to the United States to pursue her Ph.D. in Economics.  Her journey in America began with the generosity of others—an airline ticket bought for her by a friend and a scholarship that supported her studies.  She was a senior portfolio manager at BNY Mellon for over 20 years and is now a Certified Financial Planner™.  

As a mother of two daughters, Rebecca is passionate about parenting:  (1) How to talk so kids will listen and how to listen so kids will talk? (2) How to help parents and kids build a healthy financial future?  She is a speaker, a translator and an author of a parenting book.  

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The Get Ready Money Podcast and its guests do not provide investment advice. All content is for educational purposes. Guest opinions do not necessarily reflect the opinions of The Get Ready Money Podcast and Tony Steuer.