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Jessica McGawley
Psychological consultant, mediator and founder of Dallington who mentors young adults from very affluent families and helps ultra-high-net-worth families with parenting, succession and resilience.
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Oct 20, 2025
• 1h
What I Learned Teaching Billionaire Kids About Money
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Jessica McGawley, a psychological consultant and founder of Dallington, shares her insights on parenting affluent youth. She emphasizes that financial education should start young, advocating for resilience through manageable failures. Unique parenting challenges in ultra-wealthy families offer relatable lessons for all. Jessica discusses the importance of communication, age-appropriate responsibilities, and transparency about money. Her advice includes letting teens experience consequences and fostering discussions about financial mistakes to prepare them for real-life challenges.
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