Taking Ownership: From Inheritance Shame To Empowerment With Suzy Riedman Your Next Gen Friend: A Successor's Guide To Business Transition podcast

Your Next Gen Friend: A Successor's Guide to Business Transition « »

Taking Ownership: From Inheritance Shame to Empowerment with Suzy Riedman

4M ago 42:54

Content provided by Andrea Carpenter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrea Carpenter or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this candid conversation, Andrea and Suzy explore the complex emotions that come with inheriting family wealth. Suzy, a third-generation wealth inheritor, shares her journey from feeling shame about "unearned" money to becoming empowered to take control of her financial future.

Key Topics:

Wrestling with the psychology of inherited wealth and finding your authentic relationship with money
How marriage dynamics change when one partner has family wealth
Taking ownership of financial decisions and realizing you can change inherited structures
Balancing family legacy with personal values and goals

Special Focus: Suzy discusses her new children's book project designed to help parents start age-appropriate money conversations with their kids, inspired by her 6-year-old son's reaction to traditional financial education.

Perfect for next-generation wealth holders, family business members, and parents raising children in wealthy families.

Chapters in this episode:

00:00 Introduction and Guest Welcome

02:25 Suzy's Third-Generation Inheritance Story

07:03 Wrestling with "Given, Not Earned" Feelings

12:47 Finding Your Authentic Relationship with Money

19:15 Marriage, Boundaries, and Financial Independence

25:41 Navigating Wealth in Friendships and Social Settings

29:57 Taking Control: From Inherited Advisors to Personal Stewardship

32:02 The Power to Change What Doesn't Fit Your Life

38:04 Children's Books: Teaching Money Values Early

41:12 Connecting with Suzy and Final Thoughts

Connect with Suzy Riedman:

Website: https://familywealthdynamics.com

Join the Waitlist for Suzy’s Books: https://familywealthdynamics.com/waitlist

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/suzanne-riedman/

Connect with Andrea Carpenter and Your Next Gen Friend:

Website: https://yournextgenfriend.com/

Your Next Gen Friend on Instagram: https://www.instagram.com/yournextgenfriend/

Your Next Gen Friend on Youtube: https://www.youtube.com/@yournextgenfriend

Andrea on LinkedIn: https://www.linkedin.com/in/andreashaver/

Subscribe to "Your Next Gen Friend" on your favorite podcast player:

Spotify: https://yournextgenfriend.com/open-spotify

Apple Podcasts: https://yournextgenfriend.com/apple-podcast

Podcast theme music by Transistor.fm.

15 episodes