Season 3 Episode 1: Receiving an Inheritance
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Season 3 Episode 1: Receiving an Inheritance
IN THIS EPISODE
Welcome back to The Money Collective Podcast! In this engaging episode, Mel Pearce and Darlene Neu kick off Season 3 with an exploration of a topic that touches so many of us: receiving an inheritance. With over 50 years of combined experience in finance and banking, Mel and Darlene blend expertise with practical advice, offering listeners valuable insights into navigating this often-complex financial and emotional journey.
Is receiving an inheritance a windfall of opportunity or a tangled web of expectations and emotions? Mel and Darlene dive deep into the financial, psychological, and relational dimensions of inheritances, sharing real-life scenarios and actionable tips for empowering yourself financially—whether or not a windfall is in your future. They explore how money stories, values, and generational beliefs can shape our decisions, and why independence and financial literacy are vital, no matter the circumstances.
From the joys of planning how to use newfound wealth to the challenges of navigating family dynamics, this episode delivers a balanced discussion to help you make informed choices. By the end, you'll be equipped with strategies for embracing financial well-being and crafting a plan that aligns with your values. Tune in to discover why inheritances are neither inherently good nor bad—it’s all about the choices you make.
KEY QUESTION IN THIS EPISODE
Setting a new, realistic budget that both partners agree on, and striking the balance with living now or saving for future plans.
This podcast provides general advice only. It does not take into account your objectives, financial situation or needs. Before acting on any information provided, you should consider the appropriateness of the information and the nature of the financial product in regards to your objectives, financial situation and needs. We recommend discussing your personal situation with a financial professional.
Podcast by:
MEL PEARCE & DARLENE NEU
Co-Founders, Financial Wellbeing Coaches and Mortgage Brokers
The Money Collective
Book a chat about money with Mel
Book a chat about money with Darlene
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