Episode 469- How to Parent Like a Millionaire Without Being One with Kristy Shen & Bryce Leung
Journey To LaunchShow Notes
In this episode, I'm excited to welcome back Kristy Shen and Bryce Leung from the Millennial Revolution. Since the last time they were on the show, they've become parents and recently released a new book called Parent Like a Millionaire (Without Being One). In this conversation, we talk about how their perspective on money and financial independence evolved after having a child and how parents can raise financially resilient kids without feeling pressure to overspend.
Kristy and Bryce share how avoiding lifestyle creep helped them accelerate their path to financial independence, why financial stability can make parenting less stressful, and how families can focus on their values instead of societal expectations when it comes to spending on their kids. They also break down practical ways parents can teach children about money, responsibility, and resilience from an early age.
In This Episode You'll Learn
• How Kristy and Bryce were able to reach financial independence in their 30s and why avoiding lifestyle creep played a major role • How becoming parents shifted their perspective on money, time, and what financial freedom really means • Practical ways parents can reduce the cost of raising kids while still focusing on what matters most • How to help kids develop resilience, responsibility, and a healthy relationship with money
What's New in the Paperback Edition of Your Journey to Financial Freedom:
A bonus chapter: When Life Happens: Staying on the Path to Financial Freedom Through Setbacks, Shifts, and Uncertainty A book club and discussion guide with prompts, exercises, and action steps Updated corrections from the original hardcover Exclusive bonuses when you purchase the paperback, including: The Fire Starter Course The Find Your FIRE Number Worksheet
Other related blog posts/links mentioned in this episode:
Check out Kristy and Bryce's book, Parent Like a Millionaire (Without Being One) Listen to Episode 105: How To Quit Like a Millionaire So You Can Stop Working & Start Living With Kristy & Bryce Listen to Episode 11: Rejecting Homeownership, Traveling the World & Retiring by 31 Years Old Get your paperback edition of Your Journey To Financial Freedom if you haven't already. Apply to Share Your Journeyer Story, here. Join the Journey to Launch Book Club to dive deeper into financial freedom with guided discussions and resources here! Join The Weekly Newsletter List to get updates, deals & more! Leave Your Journey To Financial Freedom a review! Get The Budget Bootcamp Check out my personal website here. Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link. What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Connect with Kristy and Bryce: Website: Millennial-Revolution.com
Twitter: @FIRECracker_Rev
Facebook: @MillennialRevolutionBlog
Connect with me:
Instagram: @Journeytolaunch Twitter: @JourneyToLaunch Facebook: @Journey To Launch Join the Private Facebook Group Join the Waitlist for My FI Course Get The Free Jumpstart Guide
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Kristy Shen and Bryce Leung left their lucrative software engineering careers to enjoy world travel and freedom. Both retired in their early 30's with a 7-figure portfolio and have complied their secrets to success in their book Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required. Kristy and Bryce are financially independent, self-made millionaires who hail from humble beginnings and learned along their journey how to follow the money so they could afford to pursue their passions.