Talking Billions with Bogumil Baranowski

Ruschelle Khanna: Breaking the Generational Money Prison. How Inherited Trauma Shapes Family Wealth and the Path to Freedom

Jun 9, 2025
Ruschelle Khanna, a family business consultant and psychotherapist, sheds light on how inherited trauma shapes our financial beliefs and family dynamics. She shares her experience growing up in a coal community and how it influenced her relationship with wealth. The discussion emphasizes the importance of transparency in family wealth and how generational differences play into emotional intelligence and conflict resolution. Khanna offers practical strategies for healing familial relationships, highlighting the need for open communication and understanding of shared legacies.
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ANECDOTE

Childhood in Coal Money System

  • Ruschelle Khanna grew up in a small coal town where money was company scrip, not real cash.
  • She felt abundant as a child but sensed underlying financial anxiety shaping her money mindset.
INSIGHT

Early Money Beliefs Form Independently

  • Children form independent money beliefs by age five, often differing from their parents'.
  • Early environment strongly shapes lifelong attitudes and behaviors around money.
ADVICE

Family Governance Heals Trauma

  • Use family governance and joint genealogy research to heal inherited trauma and build communication.
  • Encourage open family discussions about money and legacy as a constructive healing practice.
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