Ready to redefine “wealth” in a way that goes far beyond just dollars and cents? In this episode, we sit down with Alex Kirby from Total Family to explore the powerful impact of clarifying your family’s values, purpose, and roles. Discover why teaching kids about money is harder than ever in a cashless world—and learn strategies for bringing back the “physicality” of money so children truly understand what’s at stake. You’ll also hear why nailing down your top family priorities can prevent conflicts, boost motivation, and inspire everyone to thrive together. Tune in for real-life stories, practical tips, and a new perspective on how true family wealth is measured by well-being, not just the bottom line.

Takeaways

• Teaching kids about money is challenging in a cashless society.
• Physical money helps children understand financial concepts better.
• Family values should be defined collaboratively and revisited regularly.
• Roles within a family can change and should be communicated clearly.
• Success in family roles is subjective and should be defined individually.
• Values serve as a guide for behavior and decision-making.
• Communication about values can strengthen family bonds.
• Understanding family vision is crucial for effective financial planning.
• Wealth encompasses well-being, not just financial assets.
• Parents should model values for their children to follow.