Etinosa Agbonlahor, a behavioral economist and CEO of Decision Alpha, shares insights on the complex dynamics of discussing money with parents. She introduces the concept of 'money scripts'—unconscious beliefs that shape financial behaviors. Agbonlahor emphasizes the importance of empathy, curiosity, and cooperation in these conversations, advocating for open communication about sensitive topics like debt, retirement, and long-term care. Her compelling anecdotes highlight how understanding different money mindsets can transform these discussions, making them more productive and less fraught.
