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#114: Personal finance expert and and author, Erin Lowry joins Chris to discuss the importance of having financial conversations with your parents, including sharing some specific scripts for initiating the discussion. They also cover financial advisors, estate planning, prenups/postnups, lending money to friends and more!\nErin Lowry (@brokemillennialblog), best know for her three-part \u2018Broke Millennial\u2019 book series, is on a mission to help millennials navigate the complex world of personal finance, demystifying everything from budgeting and saving to investing and retirement planning. Erin's work has been featured in major publications such as The New York Times, Wall Street Journal, and Forbes.\nFull show notes: https://allthehacks.com/money-conversations-erin-lowry\n\nPartner Deals\nMasterworks: VIP access to skip the waitlist\nAthletic Greens: Free 1 year supply of Vitamin D and 5 free travel packs\nGelt: Skip the waitlist on personalized tax guidance to maximize your wealth\nMasterClass: Learn from the world's best with 15% off\nInside Tracker: 20% off personalized wellness & nutrition plans backed by science\nFor all the deals, discounts and promo codes from our partners, go to:\xa0allthehacks.com/deals\n\nResources Mentioned\ufeff\nConnect with Erin:\xa0Twitter\xa0|\xa0Instagram\xa0|\xa0\xa0LinkedIn | Website\nErin\u2019s Books:\n\nBroke Millennial: Stop Scraping By and Get Your Financial Life Together\n\nBroke Millennial Takes On Investing: A Beginner's Guide to Leveling Up Your Money\n\nBroke Millennial Talks Money: Scripts, Stories, and Advice to Navigate Awkward Financial Conversations\n\nBroke Millennial Workbook: Take Control and Get Your Financial Life Together\n\nAARP Report: Family Caregivers Provide $600 Billion in Unpaid Care Across the U.S\nSeniors & Medicare and Medicaid Enrollees\nMIT Age Lab Reports\nFinancial Advisory Services: XY Planning Network | CFP Board: Let's Make a Plan\nLast Week Tonight on Retirement Plans\nTrust & Will:\xa0All The Hacks Members get 50% off\n1Password: Password Manager for Families & Businesses\nTrustworthy: 14-day Free Trial\nRamit Sethi\u2019s Podcast: I Will Teach You To Be Rich\nRamit Sethi\u2019s Netflix Show: How to Get Rich\nErin\u2019s Japan Recommendations:\n\nVisit: Kobe | Arima (stay in a ryokan)\n\nDo: Take in a Japanese baseball game\n\nEat: Champagne & GYOZA BAR -Tokyo\n\n\nAll the Hacks Episodes:\n\n#112: Money + Relationships: Building and Living Your Rich Life Together with Ramit Sethi\n\n\n#91: Die With Zero: Net Fulfillment Over Net Worth with with Bill Perkins\n\n\n\nFull Show Notes\n(03:09) The Importance of Discussing Finances With Your Parents\n(04:52) The Role of Children in Caring for Aging Parents\n(07:41) Programs Available for Elderly Parents Struggling Financially\n(09:56) Overcoming the Taboo: How Rare Are Money Talks?\n(14:26) Approaching Money Conversations With Your Parents\n(19:43) Financial Discussion Strategies\n(22:49) Bringing in Third Parties: Using Mediators in Financial Discussions\n(24:08) Scripts for Talking About Money With Your Parents\n(27:39) Understanding Estate Planning\n(28:44) Continuing the Conversation: Keeping Money Discussions Alive\n(32:06) The Benefits of Working With a Financial Planner\n(38:19) Financial Course Correction for Retirees\n(41:18) Discussing Pertinent Information With Your Adult Children\n(44:13) Advice for Parents\n(47:51) Important Financial Documents: Compiling, Sharing, and Keeping Them Up-To-Date\n(54:47) Discussing Prenups and Postnups\n(1:12:03) Money Talks With Friends: Tips for Having Open Conversations\n(1:13:50) Loaning Money to Friends\n(1:14:54) Engagement Rings\n(1:16:12) Japan Recommendations\n\nConnect with All the Hacks\nAll the Hacks:\xa0Newsletter\xa0|\xa0Website\xa0|\xa0Membership\xa0|\xa0Email\nChris Hutchins:\xa0Twitter\xa0|\xa0Instagram\xa0|\xa0Website\xa0|\xa0LinkedIn