Author Ellen Sabin on Financial Confidence and the importance of teaching moments.

Excerpts from our conversation:

First job

...at an ice cream store

"I sort of loved the feeling of...power, if I can say that word. I loved the idea that I was bringing money in...my parents gave me the privilege of saying, 'if you earn it, it's all yours.'

Saver or Spender?

...thanks to her mother's technique

"I learned at a young age, that having balance on what I spent and saved was a good thing."

First purchase regret

...a pair of name-brand jeans, which were "5x's more expensive" than other jeans

"...but those are good teaching moments. We're all going to do that sometimes... as long as we learn from the habit of not doing it all the time and learning from our mistakes...then all is good."

The full episode (also available on your preferred podcast player) includes other money memories from Ellen's past. You can also listen to Ellen talk about developing financial confidence; needs vs. wants and making money mistakes in Episode 4.

For more information about Ellen Sabin and her series of books (Watering Can Press), click HERE.

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