Episode 114 – Preparing Your Finances for Parenthood with Katie Dow

Episode 114 – Preparing your Finances for Parenthood with Katie Dow

In this special episode, Producer Tommo makes his interviewer debut as he sits down with Katie Dow, a holistic wealth manager from Aspen Capital Management. Katie shares her insights on preparing finances for parenthood, exploring the most common financial stresses young families face and how to address them with proactive planning. Tune in for thoughtful guidance on easing financial worries before the little one arrives – and of course some top #tightasstommo money saving tips!

Welcomes & Introductions

Want to know more about Chris Budd’s The Financial Wellbeing Pulse? Take a look here
Fancy a chat with Tom Morris and the team at Ovation? Contact details here

What’s on Today’s Podcast?

Following a meeting with Chris at a financial conference in San Diego, Katie Dow chats about financial planning for young and busy families.

Katie is a holistic wealth manager at Aspen Capital Management in Boise, Idaho.

Interview with Katie Dow

Katie’s background and how she got into Holistic Wealth Management

Common stresses on finances when baby is on the way

A Checklist to explore and consider when baby is on the way

Link to Episode 65 – talking with Amy Florian on grief and loss during transitions

The Bowen’s Family Systems Theory

Differentiation of self

Explore your family’s money stories

Drill down into your financial behaviours

Money personalities

• Security
• Freedom
• Power
• Love

How the money personalities interact together – opposites/same

Talking about finances as a couple and with a financial planner

Katie’s #tightasstommotip – on a date night, save alcoholic drinks for when you get home to save money, cost of taxi and babysitter!

Conclusions from the Guys

Link to Episode 113 – Malsow, Money and Happiness

Tight Ass Tommo

Adam Harrison – GWR Delay & repay, claim money back on delayed train journeys. Not travelling in the south west? Check to see if your service offers a similar scheme!

Katie Dow is an advisor at Aspen Capital Management. She helps alleviate financial stress for her clients and guides them by facilitating thoughtful planning and goal-setting for both the near and long term. While the future is important, she recognizes the voyage matters, too.

Connect with Katie on LinkedIn here