Ep138: How to Be a “Smart Money Mama” with Financial Educator Chelsea Brennan

<p><span style="font-weight: 400;">There’s so much to consider when you’re preparing to bring home your bundle of joy, it can be tough to think about money. Money management in parenthood goes so far beyond just paying for diapers and car seats. The healthy money habits you model will positively affect the way your child thinks about money as they grow.</span></p> <p><span style="font-weight: 400;">Today’s guest, Chelsea Brennan, is the founder of Smart Money Mamas, a community and platform where moms can learn how to make their money work for them and embrace their ambitions so they can live their fullest lives. An ex-hedge fund manager, Chelsea is now a financial educator who is dedicated to changing the way we talk about money. Her monthly membership community is a place where moms can come to learn to build a positive relationship with wealth.</span></p> <h3><strong>In this Episode, You’ll Learn About:</strong></h3> <p><span style="font-weight: 400;">-When should you start thinking about money</span></p> <p><span style="font-weight: 400;">-How austerity can be counterproductive to healthy money management</span></p> <p><span style="font-weight: 400;">-How wealth can be looked at in terms of Maslow’s Hierarchy of Needs</span></p> <p><span style="font-weight: 400;">-How to think about money differently</span></p> <p><span style="font-weight: 400;">-How men and women often approach money differently</span></p> <p><span style="font-weight: 400;">-Why it is important to find out the details of your maternity leave in advance</span></p> <p><span style="font-weight: 400;">-How important it can be to plan for worst case scenarios with estate plans and life insurance</span></p> <p><span style="font-weight: 400;">-What are some ways to budget for and reduce medical bills</span></p> <p><span style="font-weight: 400;">Full website notes: <a href= "drnicolerankins.com/episode138">drnicolerankins.com/episode138</a></span></p> <p><span style="font-weight: 400;"><a href= "drnicolerankins.com/smartmoneymama">The New Money Mam