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In this conversation, Yamel Belen and Alejandra from Brown Way To Money discuss the financial myths that mothers, particularly women of color, face today. They explore the importance of dismantling these myths, navigating financial information in uncertain times, and modeling healthy money mindsets for children. Alejandra provides actionable steps for wealth building, emphasizing the need for mothers to understand their financial goals, address financial trauma, and create a financial plan that aligns with their values and circumstances.

Key Takeaways:

• Many mothers feel pressured to have everything financially together before having children.
• Financial trauma and mindset reconstruction are common challenges for new mothers.
• Mothers are often the primary consumers in their households, influencing financial decisions.
• It's essential to seek reliable financial information tailored to personal goals.
• Avoid quick-fix financial advice and focus on long-term strategies.
• Money conversations are crucial for personal growth and understanding.
• Parents should model healthy financial behaviors for their children.
• Children learn about money through observation, not just conversation.
• Rewriting personal money narratives is possible and necessary.
• Financial freedom looks different for everyone and should be defined individually.

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