A Father Daughter Money Chat

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martinis and your money

A Father-Daughter Money Chat

In honor of Father’s Day on Sunday, on today’s podcast, I am talking to my dad.  My parents met when they were in middle school and married after my dad graduated from college. By the time they were 25, they were divorced with two kids. I was raised by my mom, and growing up my mom had a strong influence on my life. As I have gotten older, though, I have grown closer with my dad, and I shared on the blog that I have learned a lot about money from the lifestyle he leads with my stepmom.

To give you a little background on my dad, he grew up in a very small apartment in Flushing, NY with his two other brothers. My grandparents didn’t have much money, so when it came time for the boys to go to college, they were told they could go anywhere they wanted as long as it was free. One of my uncles went to the police academy, another went to a city college and my dad headed west to the United States Air Force Academy. Over a recent dinner with my dad, I heard some crazy stories about his basic training days and the struggles he had as an 18-year-old guy from the city trying to figure out how to kill and prepare a live chicken to eat.

My Dad’s Career Path

My dad had flying aspirations as I think most people who join the Air Force do; however, a loss in his vision prevented the pilot dream from becoming a reality. A mistake while taking his MCAT exam almost prevented my dad from getting into medical school, but thankfully he was accepted into Tulane and Tulane is the reason why I was born in New Orleans. My dad worked his butt off in medical school and graduated at the top of his surgical class despite having two kids under the age of 2.

His hard work and efforts to rise from his humble upbringing to become a successful pediatric surgeon have always been an inspiration to me. He has four kids and I think all of us have a fear that we could never achieve the level of success that he has, but thankfully he is proud of all of our efforts no matter what.

In this podcast I talk to my dad about the choices he and my stepmom made over the last 30+ years to ensure that four kids received a quality education, their home was paid off, and at 60 they could still enjoy a life filled with what they love which is travel, wine and family.

I think it’s a great conversation and honestly never thought my dad would say yes when I asked him to chat with me, so I am thankful for his time and insight.

Random Three Questions Dad Answered:
  1. If you could live anywhere in the world where would it be and why?
  2. What movie could you watch over and over again and never grow tired?
  3. Who inspired you growing up?
Do you talk to your parents about money? Are your parents good financial role models or bad ones?

Bonus: 18 years ago, my dad was the lead surgeon on a team to separate conjoined twins. The girls recently turned 18 and shared their story with Good Morning America and my dad was interviewed as well. So proud of him!

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Shannon is a financial planner who left a “traditional” financial services firm to start her own company, The Financial Gym, because she felt traditional financial services firms did not have the tools or resources to help people in their 20s and 30s who are starting out and trying to build assets while also managing debt. She realized that the key to long-term personal financial success is a commitment to financial fitness and making smart financial choices. Through her blog, Financially Blonde, her book, Train Your Way To Financial Fitness, her podcast, Martinis and Your Money and The Financial Gym, Shannon is committed to making financial fitness fun, easy and accessible for everyone.

5 COMMENTS

  1. Looking forward to listening. What a great story about the twins, your dad must be proud! I do talk money with my mom, after my dad passed away see need a lot of help getting things in order financially because my dad always handle the money and I was the one to do that for her.

  2. I don’t really talk to my parents about money or finances, and that’s okay. I think this is great: “ensure that four kids received a quality education, their home was paid off, and at 60 they could still enjoy a life filled with what they love which is travel, wine and family.” One of my goals is to pay for my kid’s college educations.

  3. some people are too proud to talk to their parents honestly about money.

    it’s awesome that you have the kind of relationship with your dad, where you can speak openly about “harder” topics like these..

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