Year: 2026

Since our daughter was born, Lizy and I have had plenty of conversations about what we should be doing financially for her. There are the obvious things, like saving for education, making sure our estate plan is updated, and generally trying not to spend an unreasonable percentage of our income on things she will outgrow in six weeks. But there is another question that comes up whenever grandparents, family members, or even we want to put money aside for her: where should that money actually go?

At the end of the first article in this series, I suggested that the first step in understanding your money script is simply noticing when it appears. That idea sounds straightforward on the surface, but in practice, money scripts rarely announce themselves in a clear or obvious way.

Nobody walks into my office and says, “My tendency toward money vigilance is creating an emotional barrier to retirement spending.” That would definitely make the meeting efficient and frankly, a little unsettling, but it is not usually how these conversations begin. Instead, someone says they need to keep another $500,000 in cash, or that they want to work one more year, or that the family vacation feels too expensive even though the financial plan comfortably supports it. They may explain that they cannot sell a concentrated investment because it has always done well, or that they need to help an adult child one more time.

Lizy and I have a very simple pattern when it comes to home projects.

We usually start with something reasonable. A contained idea. A project that feels like it should fit neatly into a category called “adult decisions we can handle easily.”

Right now, that project is our downstairs bathroom.

At first, it stayed in its lane. We talked about finishes, layout, and what it would take to make the space feel more current and functional. It felt focused and straightforward. Then, as home projects tend to do, the conversation widened.

At the end of the first article in this series, I suggested that the first step in understanding your money script is simply noticing when it appears. That idea sounds straightforward on the surface, but in practice, money scripts rarely announce themselves in a clear or obvious way.

Nobody walks into my office and says, “My tendency toward money vigilance is creating an emotional barrier to retirement spending.” That would definitely make the meeting efficient and frankly, a little unsettling, but it is not usually how these conversations begin. Instead, someone says they need to keep another $500,000 in cash, or that they want to work one more year, or that the family vacation feels too expensive even though the financial plan comfortably supports it. They may explain that they cannot sell a concentrated investment because it has always done well, or that they need to help an adult child one more time.