The Financially Fit Couple
Hey there, and welcome to the Financially Fit Couple! This podcast is all about answering the questions busy, married couples find themselves asking about their finances. I’m Matthew Gray, your host and a Certified Financial Planner. Join me as I interview topic experts and other couples just like you to find out how to pursue your goals and live financially healthy lives. Let’s get started!
The Financially Fit Couple
S2 E11: Teaching Your Kids About Money with Rebecca Irey
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Matthew Gray interviews Rebecca Irey, founder and CEO of Blue Sky Financial and a mother of seven, about raising financially independent kids through practical, hands-on experiences. Rebecca shares early lessons like having her daughter earn money for a “My Size Barbie,” using savings interest as incentive, and teaching budgeting by assigning kids responsibility for planning and buying groceries to cook for the family.
They discuss why many adults lack basic financial skills due to limited schooling and busy households. Rebecca emphasizes making money tangible with envelope systems and teaching “money is a game,” including playing Robert Kiyosaki’s Cashflow game. Rebecca stresses high expectations, letting kids try and fail at home to build resilience, and listening to teens’ perspectives. She also notes kids may still form different economic views as adults.
00:38 Meet Rebecca Irey
01:48 First Business at 12
04:09 Early Finance Career
05:18 My Size Barbie Lesson
08:55 Why Kids Miss Money Skills
11:55 Practical Money Training
15:15 Cashflow Game Mindset
17:29 Raising Capable Adults
24:22 Let Kids Fail Safely
26:43 Building Resilience Mindset
30:40 Generations And Money Beliefs
32:42 When Kids Reject Your Values
41:00 First Steps And Resources
43:04 Seeing Through Their Eyes
Resources
The Coddling of the American Mind
Rebecca Irey
https://blueskyefinancial.com/
LPL Financial and Blue Skye Financial are separate entities.
Matthew Gray
https://www.linkedin.com/in/matthew-gray-cfp%C2%AE-5a2144134/
https://schrockfin.com/
Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC