Money talk can be tough, especially between generations, but in this candid mother-daughter conversation, Rita and Trini Cates break down the financial realities facing young adults today.The painful truth? Our educational system leaves most young people completely unprepared for managing their finances. As Rita explains, this knowledge gap becomes particularly dangerous when 18-year-olds are bombarded with credit card offers—a trap she fell into herself right after high school. "Credit is king," she emphasizes, explaining how poor credit decisions in your youth can limit opportunities for decades to come.For Trini and many in her generation, the challenges are even greater. With rising costs of living and wages that haven't kept pace, there's precious little room for financial missteps. She openly shares her struggles with impulsive spending and the difficulty of prioritizing long-term goals like homeownership when immediate gratification feels so rewarding. The conversation takes an enlightening turn when Rita breaks down practical strategies: maintaining separate accounts for needs versus wants, prioritizing home purchases before car payments, and the critical importance of setting clear financial targets. "If you don't have goals," she warns, "you're just working—and that's what gives burnout."Perhaps most valuable is their discussion about mindset. Rita shares wisdom that has guided her entrepreneurial journey: "If it matters, you make it happen. If it doesn't, you make an excuse." This perspective, coupled with her observation that "the lies you tell yourself are the ones that hurt you the most," reveals how our financial limitations often begin in our own thinking. Whether you're struggling with money management or simply want to build a stronger financial future, this conversation offers both practical wisdom and the encouragement to transform limiting beliefs into an abundance mindset that actually helps you achieve your goals. What financial limiting belief is holding you back?

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