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  <title>234. New Money, New Problems, Advice for First-Generation High Earners</title>
  <description>On this episode of CFO at Home, Vince's is Brenton Harrison, founder of the advisory firm New Money, New Problems. Brenton shares his own experience growing up with an ER-physician father and nurse mother who were high-earners but struggled to manage money. He also discusses three common paths for new high earners trying to build wealth, the importance of aligning plans to stated goals, and couples focusing on process and communication to help avoid money arguments. Their conversation also covers budgeting as a tool for cash-flow awareness, and “optimizing” debt before investing. For more on Brenton and New Money, New Problems, go to newmoneynewproblems.com 01:42 First-Gen High Earners: Family Background &amp;amp;amp; Financial Pressure 03:50 Lifestyle Expectations vs. Supporting Parents (and No Wealth Role Models) 06:57 What It Felt Like as a Kid: Money Tension at Home 09:14 Learning a New Model: Mentors, ‘Project 100,’ and the School of Transactions 11:05 The 3 Paths High Earners Take When Trying to Build Wealth 13:59 From Chaos to Clarity: Prioritizing Goals (and ‘Do It Intentionally’) 18:14 When the Plan Isn’t Linear: Setbacks, Emotions, and Staying the Course 20:09 Budgeting Reality Check: Cash Flow, Optimization, and ‘You Need to Earn More’ 21:43 Money Personalities in Couples: Frugal vs. Spender and Finding Middle Ground 30:06 How to Stop Fighting About Money: Process, Safe Space, and Better Conversations 40:08 Debt to Wealth: Optimizing Debt While Still Building Assets 42:30 New Money, New Problems: Services, Podcasts, and Final Wrap-Up Key Links:   New Money, New Problems   https://www.newmoneynewproblems.com/subscribe   New Money New Problems (@newmoneynewproblems) • Facebook   Brenton Harrison (@newmoney.newproblems) • Instagram photos and videos   Brenton Harrison, CFP® - CFP Board | LinkedIn   https://www.youtube.com/@newmoneynewproblems   Contact the Host -&amp;amp;nbsp;vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here:  https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500 &amp;amp;nbsp; </description>
  <author_name>CFO at Home</author_name>
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